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$275,692$275,692$395,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$119,408$0
Funding fee$1,378$1,378$0
Note rate2.740%2.740%7.400%
Blended rate2.740%4.330%7.640%
1st payment$1,288.46$1,288.46$2,735.59
2nd payment$0.00$796.06$0.00
Taxes / mo$365.83$365.83$365.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.02
HOA / mo$595.00$595.00$595.00
Total monthly$2,399.29$3,195.35$3,925.45
Cash to close$163,308$43,900$43,900