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$314,127$314,127$382,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$68,373$0
Funding fee$1,571$1,571$0
Note rate2.900%2.900%7.400%
Blended rate2.900%3.990%7.640%
1st payment$1,511.60$1,511.60$2,648.35
2nd payment$0.00$512.80$0.00
Taxes / mo$140.96$140.96$140.96
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,802.56$2,315.36$3,015.81
Cash to close$110,873$42,500$42,500