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$291,900$291,900$331,200
Remaining term (yrs)24.324.330.0
Secondary amount$0$39,300$0
Funding fee$1,459$1,459$0
Note rate2.670%2.670%7.320%
Blended rate2.670%3.421%7.560%
1st payment$1,357.09$1,357.09$2,275.11
2nd payment$0.00$294.75$0.00
Taxes / mo$310.50$310.50$310.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.24
HOA / mo$40.00$40.00$40.00
Total monthly$1,857.59$2,152.34$2,841.85
Cash to close$76,100$36,800$36,800