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$250,566$250,566$402,975
Remaining term (yrs)24.324.330.0
Secondary amount$0$152,409$0
Funding fee$1,253$1,253$0
Note rate2.680%2.680%7.320%
Blended rate2.680%4.692%7.560%
1st payment$1,163.38$1,163.38$2,768.16
2nd payment$0.00$1,016.06$0.00
Taxes / mo$322.25$322.25$322.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.60
HOA / mo$70.00$70.00$70.00
Total monthly$1,705.63$2,721.69$3,391.00
Cash to close$197,184$44,775$44,775