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$290,959$290,959$404,865
Remaining term (yrs)24.424.430.0
Secondary amount$0$113,906$0
Funding fee$1,455$1,455$0
Note rate2.730%2.730%7.320%
Blended rate2.730%4.213%7.560%
1st payment$1,358.33$1,358.33$2,781.14
2nd payment$0.00$759.37$0.00
Taxes / mo$187.42$187.42$187.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.97
HOA / mo$41.00$41.00$41.00
Total monthly$1,736.75$2,496.12$3,240.53
Cash to close$158,891$44,985$44,985