Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$260,724$260,724$274,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$29,026$0
Funding fee$1,304$1,304$0
Note rate2.860%2.860%7.400%
Blended rate2.860%3.763%7.640%
1st payment$1,243.31$1,243.31$1,900.58
2nd payment$0.00$287.24$0.00
Taxes / mo$134.50$134.50$134.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,527.81$1,815.05$2,239.98
Cash to close$44,276$15,250$30,500