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$295,189$295,189$329,310
Remaining term (yrs)24.924.930.0
Secondary amount$0$34,121$0
Funding fee$1,476$1,476$0
Note rate2.880%2.880%7.400%
Blended rate2.880%3.514%7.640%
1st payment$1,378.33$1,378.33$2,280.08
2nd payment$0.00$255.91$0.00
Taxes / mo$55.00$55.00$55.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.86
HOA / mo$0.00$0.00$0.00
Total monthly$1,583.33$1,839.24$2,550.94
Cash to close$70,711$36,590$36,590