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$279,219$279,219$346,410
Remaining term (yrs)24.224.230.0
Secondary amount$0$67,191$0
Funding fee$1,396$1,396$0
Note rate2.770%2.770%7.320%
Blended rate2.770%3.978%7.560%
1st payment$1,315.49$1,315.49$2,379.60
2nd payment$0.00$503.93$0.00
Taxes / mo$164.17$164.17$164.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.28
HOA / mo$0.00$0.00$0.00
Total monthly$1,629.66$2,133.59$2,763.05
Cash to close$105,681$38,490$38,490