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$255,955$255,955$305,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$49,145$0
Funding fee$1,280$1,280$0
Note rate2.900%2.900%7.400%
Blended rate2.900%3.883%7.640%
1st payment$1,200.50$1,200.50$2,112.45
2nd payment$0.00$368.58$0.00
Taxes / mo$204.58$204.58$204.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.02
HOA / mo$35.00$35.00$35.00
Total monthly$1,590.08$1,958.67$2,563.05
Cash to close$83,045$33,900$33,900