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$273,238$273,238$405,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$131,762$0
Funding fee$1,366$1,366$0
Note rate2.810%2.810%7.320%
Blended rate2.810%4.499%7.560%
1st payment$1,295.99$1,295.99$2,782.07
2nd payment$0.00$878.41$0.00
Taxes / mo$151.17$151.17$151.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$105.00$105.00$105.00
Total monthly$1,702.16$2,580.57$3,269.24
Cash to close$176,762$45,000$45,000