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$290,298$290,298$359,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$69,612$0
Funding fee$1,451$1,451$0
Note rate2.980%2.980%7.400%
Blended rate2.980%4.144%7.640%
1st payment$1,376.70$1,376.70$2,491.94
2nd payment$0.00$522.09$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$36.67$36.67$36.67
Total monthly$1,896.62$2,418.71$3,083.85
Cash to close$109,602$39,990$39,990