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$243,415$243,415$350,999
Remaining term (yrs)24.024.030.0
Secondary amount$0$107,585$0
Funding fee$1,217$1,217$0
Note rate2.890%2.890%7.400%
Blended rate2.890%4.456%7.640%
1st payment$1,167.29$1,167.29$2,430.25
2nd payment$0.00$717.23$0.00
Taxes / mo$341.46$341.46$341.46
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$91.33$91.33$91.33
Total monthly$1,750.08$2,467.31$3,083.24
Cash to close$146,584$39,000$39,000