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$292,449$292,449$360,900
Remaining term (yrs)24.024.030.0
Secondary amount$0$68,451$0
Funding fee$1,462$1,462$0
Note rate2.860%2.860%7.320%
Blended rate2.860%4.025%7.560%
1st payment$1,397.93$1,397.93$2,479.13
2nd payment$0.00$513.38$0.00
Taxes / mo$398.17$398.17$398.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,946.10$2,459.48$3,099.48
Cash to close$108,551$40,100$40,100