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$327,379$327,379$396,000
Remaining term (yrs)24.024.030.0
Secondary amount$0$68,621$0
Funding fee$1,637$1,637$0
Note rate2.800%2.800%7.320%
Blended rate2.800%3.874%7.560%
1st payment$1,554.85$1,554.85$2,720.25
2nd payment$0.00$514.66$0.00
Taxes / mo$293.03$293.03$293.03
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,997.88$2,512.54$3,242.47
Cash to close$112,621$44,000$44,000