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$271,028$271,028$341,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$70,072$0
Funding fee$1,355$1,355$0
Note rate2.730%2.730%7.320%
Blended rate2.730%4.018%7.560%
1st payment$1,262.27$1,262.27$2,343.12
2nd payment$0.00$525.54$0.00
Taxes / mo$315.83$315.83$315.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,728.10$2,253.64$2,877.17
Cash to close$107,972$37,900$37,900