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$330,365$330,365$472,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$142,135$0
Funding fee$1,652$1,652$0
Note rate2.990%2.990%7.320%
Blended rate2.990%4.497%7.560%
1st payment$1,557.94$1,557.94$3,245.75
2nd payment$0.00$947.57$0.00
Taxes / mo$94.83$94.83$94.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$21.08$21.08$21.08
Total monthly$1,840.52$2,788.09$3,622.83
Cash to close$194,635$52,500$52,500