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$308,825$308,825$382,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$73,675$0
Funding fee$1,544$1,544$0
Note rate2.770%2.770%7.320%
Blended rate2.770%3.970%7.560%
1st payment$1,448.04$1,448.04$2,627.51
2nd payment$0.00$552.56$0.00
Taxes / mo$406.33$406.33$406.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,004.37$2,556.93$3,260.34
Cash to close$116,175$42,500$42,500