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$296,842$296,842$359,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$63,068$0
Funding fee$1,484$1,484$0
Note rate2.740%2.740%7.320%
Blended rate2.740%3.837%7.560%
1st payment$1,387.30$1,387.30$2,472.33
2nd payment$0.00$473.01$0.00
Taxes / mo$244.93$244.93$244.93
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$363.00$363.00$363.00
Total monthly$2,145.24$2,618.25$3,302.25
Cash to close$103,058$39,990$39,990