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$302,707$302,707$328,410
Remaining term (yrs)24.424.430.0
Secondary amount$0$25,703$0
Funding fee$1,514$1,514$0
Note rate2.810%2.810%7.400%
Blended rate2.810%3.294%7.640%
1st payment$1,422.18$1,422.18$2,273.84
2nd payment$0.00$192.78$0.00
Taxes / mo$107.83$107.83$107.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,680.01$1,872.79$2,597.36
Cash to close$62,193$36,490$36,490