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$256,504$256,504$386,955
Remaining term (yrs)24.124.130.0
Secondary amount$0$130,451$0
Funding fee$1,283$1,283$0
Note rate2.780%2.780%7.400%
Blended rate2.780%4.540%7.640%
1st payment$1,212.69$1,212.69$2,679.20
2nd payment$0.00$869.67$0.00
Taxes / mo$47.42$47.42$47.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.39
HOA / mo$0.00$0.00$0.00
Total monthly$1,410.11$2,279.78$2,954.01
Cash to close$173,446$42,995$42,995