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$254,512$254,512$359,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$105,398$0
Funding fee$1,273$1,273$0
Note rate2.770%2.770%7.400%
Blended rate2.770%4.302%7.640%
1st payment$1,176.70$1,176.70$2,491.94
2nd payment$0.00$702.65$0.00
Taxes / mo$309.67$309.67$309.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$16.25$16.25$16.25
Total monthly$1,652.62$2,355.27$3,039.84
Cash to close$145,388$39,990$39,990