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$249,844$249,844$328,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$78,656$0
Funding fee$1,249$1,249$0
Note rate2.970%2.970%7.320%
Blended rate2.970%4.414%7.560%
1st payment$1,188.94$1,188.94$2,256.57
2nd payment$0.00$589.92$0.00
Taxes / mo$319.83$319.83$319.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,658.78$2,248.70$2,792.10
Cash to close$115,156$36,500$36,500