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$267,710$267,710$409,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$141,790$0
Funding fee$1,339$1,339$0
Note rate2.900%2.900%7.320%
Blended rate2.900%4.666%7.560%
1st payment$1,282.12$1,282.12$2,812.98
2nd payment$0.00$945.27$0.00
Taxes / mo$331.08$331.08$331.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$81.90
HOA / mo$75.00$75.00$75.00
Total monthly$1,854.87$2,800.14$3,467.63
Cash to close$187,290$45,500$45,500