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$319,948$319,948$387,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$67,052$0
Funding fee$1,600$1,600$0
Note rate2.770%2.770%7.400%
Blended rate2.770%3.849%7.640%
1st payment$1,507.37$1,507.37$2,679.51
2nd payment$0.00$502.89$0.00
Taxes / mo$358.33$358.33$358.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.40
HOA / mo$440.00$440.00$440.00
Total monthly$2,455.71$2,958.60$3,705.24
Cash to close$110,052$43,000$43,000