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$266,974$266,974$332,100
Remaining term (yrs)24.824.830.0
Secondary amount$0$65,126$0
Funding fee$1,335$1,335$0
Note rate2.960%2.960%7.320%
Blended rate2.960%4.144%7.560%
1st payment$1,263.32$1,263.32$2,281.30
2nd payment$0.00$488.45$0.00
Taxes / mo$153.17$153.17$153.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,566.49$2,054.93$2,650.88
Cash to close$102,026$36,900$36,900