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$273,484$273,484$399,600
Remaining term (yrs)24.124.130.0
Secondary amount$0$126,116$0
Funding fee$1,367$1,367$0
Note rate2.870%2.870%7.320%
Blended rate2.870%4.489%7.560%
1st payment$1,305.56$1,305.56$2,744.97
2nd payment$0.00$840.77$0.00
Taxes / mo$305.33$305.33$305.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.92
HOA / mo$143.33$143.33$143.33
Total monthly$1,904.22$2,745.00$3,423.56
Cash to close$170,516$44,400$44,400