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$266,374$266,374$323,910
Remaining term (yrs)25.025.030.0
Secondary amount$0$57,536$0
Funding fee$1,332$1,332$0
Note rate2.860%2.860%7.320%
Blended rate2.860%3.951%7.560%
1st payment$1,238.22$1,238.22$2,225.04
2nd payment$0.00$431.52$0.00
Taxes / mo$389.17$389.17$389.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,777.39$2,208.91$2,828.99
Cash to close$93,526$35,990$35,990