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$279,799$279,799$301,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$38,451$0
Funding fee$1,399$1,399$0
Note rate3.050%3.050%7.320%
Blended rate3.050%4.116%7.560%
1st payment$1,319.55$1,319.55$2,071.10
2nd payment$0.00$380.51$0.00
Taxes / mo$259.92$259.92$259.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.30
HOA / mo$363.00$363.00$363.00
Total monthly$2,092.46$2,472.97$2,904.31
Cash to close$55,201$16,750$33,500