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$303,418$303,418$319,299
Remaining term (yrs)24.924.930.0
Secondary amount$0$33,620$0
Funding fee$1,517$1,517$0
Note rate2.780%2.780%7.320%
Blended rate2.780%3.687%7.560%
1st payment$1,401.13$1,401.13$2,193.36
2nd payment$0.00$332.70$0.00
Taxes / mo$375.67$375.67$375.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.86
HOA / mo$0.00$0.00$0.00
Total monthly$1,926.80$2,259.50$2,782.89
Cash to close$51,359$17,739$35,478