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$279,566$279,566$382,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$102,934$0
Funding fee$1,398$1,398$0
Note rate2.960%2.960%7.400%
Blended rate2.960%4.316%7.640%
1st payment$1,325.91$1,325.91$2,648.35
2nd payment$0.00$686.23$0.00
Taxes / mo$256.08$256.08$256.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$19.00$19.00$19.00
Total monthly$1,750.99$2,437.22$3,149.94
Cash to close$145,434$42,500$42,500