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$335,700$335,700$553,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$217,800$0
Funding fee$1,679$1,679$0
Note rate2.830%2.830%7.320%
Blended rate2.830%4.766%7.560%
1st payment$1,591.89$1,591.89$3,802.16
2nd payment$0.00$1,406.62$0.00
Taxes / mo$331.00$331.00$331.00
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$2,108.30$3,514.92$4,429.28
Cash to close$279,300$61,500$61,500