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$257,226$257,226$377,010
Remaining term (yrs)24.324.330.0
Secondary amount$0$119,784$0
Funding fee$1,286$1,286$0
Note rate2.670%2.670%7.400%
Blended rate2.670%4.363%7.640%
1st payment$1,195.89$1,195.89$2,610.34
2nd payment$0.00$798.56$0.00
Taxes / mo$309.50$309.50$309.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.40
HOA / mo$150.00$150.00$150.00
Total monthly$1,805.39$2,603.94$3,295.24
Cash to close$161,674$41,890$41,890