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$271,887$271,887$328,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$56,613$0
Funding fee$1,359$1,359$0
Note rate2.930%2.930%7.320%
Blended rate2.930%3.976%7.560%
1st payment$1,282.35$1,282.35$2,256.57
2nd payment$0.00$424.60$0.00
Taxes / mo$304.17$304.17$304.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,736.51$2,161.11$2,776.43
Cash to close$93,113$36,500$36,500