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$250,871$250,871$274,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$38,879$0
Funding fee$1,254$1,254$0
Note rate2.750%2.750%7.320%
Blended rate2.750%3.974%7.560%
1st payment$1,154.62$1,154.62$1,885.62
2nd payment$0.00$384.74$0.00
Taxes / mo$128.25$128.25$128.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,432.87$1,817.61$2,218.77
Cash to close$54,129$15,250$30,500