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$272,340$272,340$404,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$131,760$0
Funding fee$1,362$1,362$0
Note rate2.840%2.840%7.240%
Blended rate2.840%4.522%7.480%
1st payment$1,266.02$1,266.02$2,753.93
2nd payment$0.00$878.40$0.00
Taxes / mo$214.67$214.67$214.67
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$1,630.69$2,509.09$3,199.42
Cash to close$176,660$44,900$44,900