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$276,138$276,138$368,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$92,772$0
Funding fee$1,381$1,381$0
Note rate2.840%2.840%7.400%
Blended rate2.840%4.389%7.640%
1st payment$1,283.68$1,283.68$2,554.26
2nd payment$0.00$695.79$0.00
Taxes / mo$204.58$204.58$204.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,638.26$2,334.05$2,982.62
Cash to close$133,762$40,990$40,990