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$268,405$268,405$382,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$114,095$0
Funding fee$1,342$1,342$0
Note rate2.730%2.730%7.320%
Blended rate2.730%4.302%7.560%
1st payment$1,253.04$1,253.04$2,627.51
2nd payment$0.00$760.64$0.00
Taxes / mo$443.58$443.58$443.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$14.50$14.50$14.50
Total monthly$1,861.12$2,621.75$3,312.09
Cash to close$156,595$42,500$42,500