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$261,514$261,514$355,050
Remaining term (yrs)24.024.030.0
Secondary amount$0$93,536$0
Funding fee$1,308$1,308$0
Note rate2.720%2.720%7.320%
Blended rate2.720%4.374%7.560%
1st payment$1,231.38$1,231.38$2,438.95
2nd payment$0.00$701.52$0.00
Taxes / mo$114.25$114.25$114.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.01
HOA / mo$0.00$0.00$0.00
Total monthly$1,495.63$2,197.15$2,774.21
Cash to close$132,986$39,450$39,450