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$270,176$270,176$305,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$35,734$0
Funding fee$1,351$1,351$0
Note rate2.880%2.880%7.400%
Blended rate2.880%3.595%7.640%
1st payment$1,255.86$1,255.86$2,118.06
2nd payment$0.00$268.00$0.00
Taxes / mo$341.67$341.67$341.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,747.53$2,015.53$2,670.91
Cash to close$69,724$33,990$33,990