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$245,730$245,730$382,410
Remaining term (yrs)23.923.930.0
Secondary amount$0$136,680$0
Funding fee$1,229$1,229$0
Note rate2.880%2.880%7.320%
Blended rate2.880%4.710%7.560%
1st payment$1,182.79$1,182.79$2,626.89
2nd payment$0.00$911.20$0.00
Taxes / mo$273.92$273.92$273.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,606.71$2,517.91$3,127.29
Cash to close$179,170$42,490$42,490