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$271,734$271,734$306,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$34,266$0
Funding fee$1,359$1,359$0
Note rate2.900%2.900%7.320%
Blended rate2.900%3.583%7.560%
1st payment$1,277.41$1,277.41$2,102.01
2nd payment$0.00$256.99$0.00
Taxes / mo$103.56$103.56$103.56
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,530.97$1,787.96$2,416.77
Cash to close$68,266$34,000$34,000