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$285,447$285,447$332,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$47,463$0
Funding fee$1,427$1,427$0
Note rate2.860%2.860%7.400%
Blended rate2.860%3.735%7.640%
1st payment$1,329.90$1,329.90$2,305.00
2nd payment$0.00$355.97$0.00
Taxes / mo$148.67$148.67$148.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.58
HOA / mo$230.00$230.00$230.00
Total monthly$1,858.56$2,214.53$2,900.25
Cash to close$84,453$36,990$36,990