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$275,947$275,947$359,999
Remaining term (yrs)24.724.730.0
Secondary amount$0$84,052$0
Funding fee$1,380$1,380$0
Note rate2.960%2.960%7.400%
Blended rate2.960%4.370%7.640%
1st payment$1,308.75$1,308.75$2,492.56
2nd payment$0.00$630.39$0.00
Taxes / mo$333.33$333.33$333.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.00
HOA / mo$8.33$8.33$8.33
Total monthly$1,800.41$2,430.80$3,056.22
Cash to close$124,052$40,000$40,000