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$259,815$259,815$278,910
Remaining term (yrs)25.025.030.0
Secondary amount$0$34,590$0
Funding fee$1,299$1,299$0
Note rate2.880%2.880%7.400%
Blended rate2.880%3.937%7.640%
1st payment$1,210.42$1,210.42$1,931.12
2nd payment$0.00$342.29$0.00
Taxes / mo$299.25$299.25$299.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.78
HOA / mo$22.92$22.92$22.92
Total monthly$1,682.59$2,024.88$2,459.07
Cash to close$50,085$15,495$30,990