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$229,529$229,529$269,550
Remaining term (yrs)24.024.030.0
Secondary amount$0$40,021$0
Funding fee$1,148$1,148$0
Note rate2.870%2.870%7.320%
Blended rate2.870%3.780%7.560%
1st payment$1,098.34$1,098.34$1,851.62
2nd payment$0.00$300.16$0.00
Taxes / mo$296.67$296.67$296.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.91
HOA / mo$0.00$0.00$0.00
Total monthly$1,545.01$1,845.17$2,352.20
Cash to close$69,971$29,950$29,950