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$277,154$277,154$377,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$99,946$0
Funding fee$1,386$1,386$0
Note rate2.960%2.960%7.400%
Blended rate2.960%4.561%7.640%
1st payment$1,342.24$1,342.24$2,610.96
2nd payment$0.00$749.60$0.00
Taxes / mo$239.50$239.50$239.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,731.74$2,481.33$3,075.88
Cash to close$141,846$41,900$41,900