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$308,017$308,017$359,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$51,083$0
Funding fee$1,540$1,540$0
Note rate2.810%2.810%7.240%
Blended rate2.810%3.691%7.480%
1st payment$1,437.02$1,437.02$2,447.26
2nd payment$0.00$383.13$0.00
Taxes / mo$332.50$332.50$332.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$279.00$279.00$279.00
Total monthly$2,198.52$2,581.64$3,280.58
Cash to close$90,983$39,900$39,900