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$260,705$260,705$376,933
Remaining term (yrs)24.424.430.0
Secondary amount$0$116,228$0
Funding fee$1,304$1,304$0
Note rate2.770%2.770%7.400%
Blended rate2.770%4.383%7.640%
1st payment$1,222.41$1,222.41$2,609.81
2nd payment$0.00$774.85$0.00
Taxes / mo$384.25$384.25$384.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.39
HOA / mo$265.00$265.00$265.00
Total monthly$2,021.66$2,796.51$3,484.44
Cash to close$158,109$41,881$41,881