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$309,109$309,109$377,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$68,801$0
Funding fee$1,546$1,546$0
Note rate2.250%2.250%7.320%
Blended rate2.250%3.479%7.560%
1st payment$1,368.63$1,368.63$2,595.98
2nd payment$0.00$516.01$0.00
Taxes / mo$100.08$100.08$100.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,618.72$2,134.72$2,921.64
Cash to close$110,791$41,990$41,990