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$255,393$255,393$364,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$109,107$0
Funding fee$1,277$1,277$0
Note rate2.910%2.910%7.400%
Blended rate2.910%4.434%7.640%
1st payment$1,230.28$1,230.28$2,523.72
2nd payment$0.00$727.38$0.00
Taxes / mo$175.25$175.25$175.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,555.53$2,282.91$2,921.87
Cash to close$149,607$40,500$40,500