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$282,876$282,876$404,100
Remaining term (yrs)25.025.030.0
Secondary amount$0$121,224$0
Funding fee$1,414$1,414$0
Note rate2.250%2.250%7.320%
Blended rate2.250%3.975%7.560%
1st payment$1,227.62$1,227.62$2,775.89
2nd payment$0.00$808.16$0.00
Taxes / mo$151.17$151.17$151.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,528.79$2,336.95$3,157.87
Cash to close$166,124$44,900$44,900