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$266,971$266,971$405,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$138,029$0
Funding fee$1,335$1,335$0
Note rate2.730%2.730%7.320%
Blended rate2.730%4.526%7.560%
1st payment$1,243.37$1,243.37$2,782.07
2nd payment$0.00$920.19$0.00
Taxes / mo$279.75$279.75$279.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$35.00$35.00$35.00
Total monthly$1,708.12$2,628.32$3,327.82
Cash to close$183,029$45,000$45,000