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$334,843$334,843$553,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$218,657$0
Funding fee$1,674$1,674$0
Note rate2.710%2.710%7.320%
Blended rate2.710%4.701%7.560%
1st payment$1,567.32$1,567.32$3,802.16
2nd payment$0.00$1,412.16$0.00
Taxes / mo$330.98$330.98$330.98
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$110.70
HOA / mo$18.75$18.75$18.75
Total monthly$2,083.71$3,495.88$4,429.26
Cash to close$280,157$61,500$61,500