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$250,256$250,256$427,410
Remaining term (yrs)24.924.930.0
Secondary amount$0$177,154$0
Funding fee$1,251$1,251$0
Note rate2.900%2.900%7.320%
Blended rate2.900%5.014%7.560%
1st payment$1,173.77$1,173.77$2,936.01
2nd payment$0.00$1,181.02$0.00
Taxes / mo$139.75$139.75$139.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,480.19$2,661.21$3,327.91
Cash to close$224,644$47,490$47,490