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$289,350$289,350$359,910
Remaining term (yrs)23.323.330.0
Secondary amount$0$70,560$0
Funding fee$1,447$1,447$0
Note rate2.700%2.700%7.400%
Blended rate2.700%3.935%7.640%
1st payment$1,390.43$1,390.43$2,491.94
2nd payment$0.00$529.20$0.00
Taxes / mo$333.25$333.25$333.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$20.83$20.83$20.83
Total monthly$1,894.51$2,423.71$3,068.01
Cash to close$110,550$39,990$39,990