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$249,602$249,602$317,250
Remaining term (yrs)23.923.930.0
Secondary amount$0$67,648$0
Funding fee$1,248$1,248$0
Note rate2.990%2.990%7.400%
Blended rate2.990%4.272%7.640%
1st payment$1,212.67$1,212.67$2,196.57
2nd payment$0.00$507.36$0.00
Taxes / mo$29.58$29.58$29.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.45
HOA / mo$46.00$46.00$46.00
Total monthly$1,438.25$1,945.61$2,485.61
Cash to close$102,898$35,250$35,250