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$318,293$318,293$355,410
Remaining term (yrs)24.924.930.0
Secondary amount$0$37,117$0
Funding fee$1,591$1,591$0
Note rate2.870%2.870%7.400%
Blended rate2.870%3.510%7.640%
1st payment$1,484.57$1,484.57$2,460.79
2nd payment$0.00$278.38$0.00
Taxes / mo$197.75$197.75$197.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.08
HOA / mo$0.00$0.00$0.00
Total monthly$1,832.31$2,110.69$2,879.62
Cash to close$76,607$39,490$39,490