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$269,726$269,726$324,450
Remaining term (yrs)24.424.430.0
Secondary amount$0$54,724$0
Funding fee$1,349$1,349$0
Note rate2.990%2.990%7.400%
Blended rate2.990%4.004%7.640%
1st payment$1,292.25$1,292.25$2,246.43
2nd payment$0.00$410.43$0.00
Taxes / mo$300.42$300.42$300.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.89
HOA / mo$0.00$0.00$0.00
Total monthly$1,742.66$2,153.10$2,761.73
Cash to close$90,774$36,050$36,050