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$232,995$232,995$269,999
Remaining term (yrs)25.025.030.0
Secondary amount$0$37,004$0
Funding fee$1,165$1,165$0
Note rate2.880%2.880%7.320%
Blended rate2.880%3.719%7.560%
1st payment$1,085.47$1,085.47$1,854.71
2nd payment$0.00$277.53$0.00
Taxes / mo$370.58$370.58$370.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.00
HOA / mo$17.50$17.50$17.50
Total monthly$1,623.55$1,901.08$2,446.79
Cash to close$67,004$30,000$30,000