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$256,651$256,651$359,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$103,259$0
Funding fee$1,283$1,283$0
Note rate2.930%2.930%7.240%
Blended rate2.930%4.385%7.480%
1st payment$1,210.49$1,210.49$2,452.78
2nd payment$0.00$688.39$0.00
Taxes / mo$346.83$346.83$346.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$62.50$62.50$62.50
Total monthly$1,769.82$2,458.21$3,084.10
Cash to close$143,249$39,990$39,990