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$264,483$264,483$369,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$104,517$0
Funding fee$1,322$1,322$0
Note rate2.900%2.900%7.400%
Blended rate2.900%4.345%7.640%
1st payment$1,254.83$1,254.83$2,554.88
2nd payment$0.00$696.78$0.00
Taxes / mo$274.00$274.00$274.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.80
HOA / mo$9.17$9.17$9.17
Total monthly$1,688.00$2,384.78$3,061.85
Cash to close$145,517$41,000$41,000