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$300,105$300,105$368,910
Remaining term (yrs)24.224.230.0
Secondary amount$0$68,805$0
Funding fee$1,501$1,501$0
Note rate2.830%2.830%7.320%
Blended rate2.830%3.981%7.560%
1st payment$1,423.09$1,423.09$2,534.16
2nd payment$0.00$516.04$0.00
Taxes / mo$564.42$564.42$564.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.78
HOA / mo$0.00$0.00$0.00
Total monthly$2,137.51$2,653.55$3,322.35
Cash to close$109,795$40,990$40,990