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$263,122$263,122$314,100
Remaining term (yrs)24.224.230.0
Secondary amount$0$50,978$0
Funding fee$1,316$1,316$0
Note rate2.780%2.780%7.320%
Blended rate2.780%3.789%7.560%
1st payment$1,241.00$1,241.00$2,157.65
2nd payment$0.00$382.33$0.00
Taxes / mo$484.08$484.08$484.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.82
HOA / mo$125.00$125.00$125.00
Total monthly$2,000.08$2,382.41$2,979.55
Cash to close$85,878$34,900$34,900