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$330,874$330,874$430,650
Remaining term (yrs)20.520.530.0
Secondary amount$0$99,776$0
Funding fee$1,654$1,654$0
Note rate4.200%4.200%7.320%
Blended rate4.200%5.312%7.560%
1st payment$1,998.12$1,998.12$2,958.27
2nd payment$0.00$748.32$0.00
Taxes / mo$398.75$398.75$398.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.13
HOA / mo$503.00$503.00$503.00
Total monthly$3,066.54$3,814.86$4,112.81
Cash to close$147,626$47,850$47,850