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$276,363$276,363$305,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$29,547$0
Funding fee$1,382$1,382$0
Note rate2.980%2.980%7.400%
Blended rate2.980%3.561%7.640%
1st payment$1,310.62$1,310.62$2,118.06
2nd payment$0.00$221.60$0.00
Taxes / mo$241.50$241.50$241.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.18
HOA / mo$60.00$60.00$60.00
Total monthly$1,762.12$1,983.72$2,630.74
Cash to close$63,537$33,990$33,990