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$277,964$277,964$346,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$68,536$0
Funding fee$1,390$1,390$0
Note rate2.650%2.650%7.320%
Blended rate2.650%3.906%7.560%
1st payment$1,289.48$1,289.48$2,380.21
2nd payment$0.00$514.02$0.00
Taxes / mo$282.25$282.25$282.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,721.73$2,235.75$2,881.76
Cash to close$107,036$38,500$38,500