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$333,945$333,945$539,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$205,155$0
Funding fee$1,670$1,670$0
Note rate2.910%2.910%7.240%
Blended rate2.910%4.752%7.480%
1st payment$1,608.68$1,608.68$3,673.96
2nd payment$0.00$1,324.96$0.00
Taxes / mo$499.17$499.17$499.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$272.00$272.00$272.00
Total monthly$2,546.52$3,871.48$4,719.61
Cash to close$265,055$59,900$59,900