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$316,267$316,267$332,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$35,138$0
Funding fee$1,581$1,581$0
Note rate2.990%2.990%7.400%
Blended rate2.990%3.878%7.640%
1st payment$1,494.78$1,494.78$2,305.00
2nd payment$0.00$347.72$0.00
Taxes / mo$200.42$200.42$200.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.58
HOA / mo$276.00$276.00$276.00
Total monthly$2,121.20$2,468.92$2,998.00
Cash to close$53,633$18,495$36,990