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$288,424$288,424$409,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$121,076$0
Funding fee$1,442$1,442$0
Note rate2.900%2.900%7.320%
Blended rate2.900%4.408%7.560%
1st payment$1,384.61$1,384.61$2,812.98
2nd payment$0.00$807.17$0.00
Taxes / mo$364.08$364.08$364.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$81.90
HOA / mo$146.67$146.67$146.67
Total monthly$2,062.03$2,869.20$3,572.30
Cash to close$166,576$45,500$45,500