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$287,726$287,726$333,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$45,274$0
Funding fee$1,439$1,439$0
Note rate2.990%2.990%7.320%
Blended rate2.990%3.807%7.560%
1st payment$1,356.86$1,356.86$2,287.48
2nd payment$0.00$339.56$0.00
Taxes / mo$159.83$159.83$159.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.60
HOA / mo$260.00$260.00$260.00
Total monthly$1,926.69$2,266.25$2,923.91
Cash to close$82,274$37,000$37,000