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$267,486$267,486$328,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$61,014$0
Funding fee$1,337$1,337$0
Note rate2.810%2.810%7.400%
Blended rate2.810%3.960%7.640%
1st payment$1,262.67$1,262.67$2,274.47
2nd payment$0.00$457.60$0.00
Taxes / mo$304.17$304.17$304.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$360.00$360.00$360.00
Total monthly$2,076.83$2,534.44$3,154.33
Cash to close$97,514$36,500$36,500