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$263,117$263,117$296,999
Remaining term (yrs)25.025.030.0
Secondary amount$0$33,882$0
Funding fee$1,316$1,316$0
Note rate2.880%2.880%7.400%
Blended rate2.880%3.578%7.640%
1st payment$1,225.80$1,225.80$2,056.36
2nd payment$0.00$254.12$0.00
Taxes / mo$68.22$68.22$68.22
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,444.02$1,698.14$2,333.98
Cash to close$66,882$33,000$33,000