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$327,710$327,710$539,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$211,390$0
Funding fee$1,639$1,639$0
Note rate2.770%2.770%7.400%
Blended rate2.770%4.723%7.640%
1st payment$1,532.94$1,532.94$3,732.62
2nd payment$0.00$1,365.23$0.00
Taxes / mo$499.17$499.17$499.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$330.00$330.00$330.00
Total monthly$2,528.78$3,894.01$4,836.27
Cash to close$271,290$59,900$59,900