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$268,777$268,777$332,100
Remaining term (yrs)24.524.530.0
Secondary amount$0$63,323$0
Funding fee$1,344$1,344$0
Note rate2.960%2.960%7.400%
Blended rate2.960%4.112%7.640%
1st payment$1,280.58$1,280.58$2,299.39
2nd payment$0.00$474.92$0.00
Taxes / mo$193.50$193.50$193.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.42
HOA / mo$235.00$235.00$235.00
Total monthly$1,859.08$2,334.00$2,944.31
Cash to close$100,223$36,900$36,900