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$285,748$285,748$391,491
Remaining term (yrs)24.824.830.0
Secondary amount$0$105,743$0
Funding fee$1,429$1,429$0
Note rate2.980%2.980%7.400%
Blended rate2.980%4.336%7.640%
1st payment$1,355.12$1,355.12$2,710.60
2nd payment$0.00$704.95$0.00
Taxes / mo$112.33$112.33$112.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.30
HOA / mo$37.50$37.50$37.50
Total monthly$1,654.96$2,359.91$3,088.74
Cash to close$149,242$43,499$43,499