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$239,768$239,768$342,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$102,232$0
Funding fee$1,199$1,199$0
Note rate2.730%2.730%7.320%
Blended rate2.730%4.305%7.560%
1st payment$1,119.34$1,119.34$2,349.30
2nd payment$0.00$681.55$0.00
Taxes / mo$242.08$242.08$242.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,511.43$2,192.98$2,809.79
Cash to close$140,232$38,000$38,000