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$284,943$284,943$387,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$102,057$0
Funding fee$1,425$1,425$0
Note rate2.880%2.880%7.320%
Blended rate2.880%4.230%7.560%
1st payment$1,361.72$1,361.72$2,658.42
2nd payment$0.00$680.38$0.00
Taxes / mo$47.17$47.17$47.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,558.89$2,239.27$2,932.99
Cash to close$145,057$43,000$43,000