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$293,364$293,364$337,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$44,136$0
Funding fee$1,467$1,467$0
Note rate2.680%2.680%7.400%
Blended rate2.680%3.506%7.640%
1st payment$1,362.10$1,362.10$2,336.78
2nd payment$0.00$331.02$0.00
Taxes / mo$138.50$138.50$138.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$20.00$20.00$20.00
Total monthly$1,670.60$2,001.62$2,712.78
Cash to close$81,636$37,500$37,500