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$260,489$260,489$323,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$63,421$0
Funding fee$1,302$1,302$0
Note rate2.900%2.900%7.400%
Blended rate2.900%4.094%7.640%
1st payment$1,224.55$1,224.55$2,242.69
2nd payment$0.00$475.65$0.00
Taxes / mo$283.67$283.67$283.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,658.22$2,133.87$2,741.14
Cash to close$99,411$35,990$35,990