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$336,606$336,606$436,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$99,894$0
Funding fee$1,683$1,683$0
Note rate2.940%2.940%7.320%
Blended rate2.940%4.327%7.560%
1st payment$1,619.01$1,619.01$2,998.45
2nd payment$0.00$749.21$0.00
Taxes / mo$474.08$474.08$474.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,259.76$3,008.96$3,726.50
Cash to close$148,394$48,500$48,500