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$243,587$243,587$313,200
Remaining term (yrs)24.324.330.0
Secondary amount$0$69,613$0
Funding fee$1,218$1,218$0
Note rate2.730%2.730%7.320%
Blended rate2.730%4.124%7.560%
1st payment$1,137.18$1,137.18$2,151.47
2nd payment$0.00$522.10$0.00
Taxes / mo$96.08$96.08$96.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.64
HOA / mo$210.00$210.00$210.00
Total monthly$1,593.26$2,115.36$2,670.19
Cash to close$104,413$34,800$34,800