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$315,660$315,660$378,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$62,340$0
Funding fee$1,578$1,578$0
Note rate2.680%2.680%7.320%
Blended rate2.680%3.722%7.560%
1st payment$1,469.16$1,469.16$2,596.60
2nd payment$0.00$467.55$0.00
Taxes / mo$432.29$432.29$432.29
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.60
HOA / mo$430.00$430.00$430.00
Total monthly$2,481.45$2,949.00$3,684.49
Cash to close$104,340$42,000$42,000