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$277,993$277,993$341,991
Remaining term (yrs)24.124.130.0
Secondary amount$0$63,998$0
Funding fee$1,390$1,390$0
Note rate2.880%2.880%7.400%
Blended rate2.880%4.025%7.640%
1st payment$1,328.51$1,328.51$2,367.88
2nd payment$0.00$479.99$0.00
Taxes / mo$316.66$316.66$316.66
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.40
HOA / mo$600.00$600.00$600.00
Total monthly$2,395.17$2,875.16$3,502.93
Cash to close$101,997$37,999$37,999