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$302,015$302,015$422,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$120,895$0
Funding fee$1,529$1,529$0
Note rate2.750%2.750%7.320%
Blended rate2.750%4.238%7.560%
1st payment$1,423.92$1,423.92$2,905.10
2nd payment$0.00$805.97$0.00
Taxes / mo$165.25$165.25$165.25
Insurance / mo$0.00$0.00$0.00
MI / mo$0.00$0.00$84.58
HOA / mo$79.00$79.00$79.00
Total monthly$1,668.17$2,474.13$3,233.93
Cash to close$167,885$46,990$46,990