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$270,214$270,214$359,910
Remaining term (yrs)24.224.230.0
Secondary amount$0$89,696$0
Funding fee$1,351$1,351$0
Note rate2.650%2.650%7.400%
Blended rate2.650%4.233%7.640%
1st payment$1,256.59$1,256.59$2,491.94
2nd payment$0.00$672.72$0.00
Taxes / mo$497.17$497.17$497.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,903.75$2,576.47$3,211.09
Cash to close$129,686$39,990$39,990