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$271,887$271,887$325,800
Remaining term (yrs)24.824.830.0
Secondary amount$0$53,913$0
Funding fee$1,359$1,359$0
Note rate2.930%2.930%7.320%
Blended rate2.930%3.934%7.560%
1st payment$1,282.35$1,282.35$2,238.02
2nd payment$0.00$404.35$0.00
Taxes / mo$187.42$187.42$187.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.16
HOA / mo$0.00$0.00$0.00
Total monthly$1,619.76$2,024.11$2,640.60
Cash to close$90,113$36,200$36,200