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$335,786$335,786$472,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$136,714$0
Funding fee$1,679$1,679$0
Note rate3.070%3.070%7.400%
Blended rate3.070%4.496%7.640%
1st payment$1,590.55$1,590.55$3,271.49
2nd payment$0.00$911.42$0.00
Taxes / mo$165.67$165.67$165.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,922.89$2,834.31$3,698.33
Cash to close$189,214$52,500$52,500