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$335,820$335,820$405,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$69,180$0
Funding fee$1,679$1,679$0
Note rate2.960%2.960%7.400%
Blended rate2.960%3.992%7.640%
1st payment$1,626.35$1,626.35$2,804.14
2nd payment$0.00$518.85$0.00
Taxes / mo$407.42$407.42$407.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$90.00$90.00$90.00
Total monthly$2,273.77$2,792.62$3,532.55
Cash to close$114,180$45,000$45,000