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$281,679$281,679$337,410
Remaining term (yrs)24.424.430.0
Secondary amount$0$55,731$0
Funding fee$1,408$1,408$0
Note rate2.740%2.740%7.320%
Blended rate2.740%3.774%7.560%
1st payment$1,316.44$1,316.44$2,317.77
2nd payment$0.00$417.98$0.00
Taxes / mo$175.75$175.75$175.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,642.19$2,060.17$2,711.00
Cash to close$93,221$37,490$37,490