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$339,797$339,797$405,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$65,203$0
Funding fee$1,699$1,699$0
Note rate3.330%3.330%7.400%
Blended rate3.330%4.243%7.640%
1st payment$1,726.82$1,726.82$2,804.14
2nd payment$0.00$489.02$0.00
Taxes / mo$375.00$375.00$375.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$587.00$587.00$587.00
Total monthly$2,838.82$3,327.84$3,997.14
Cash to close$110,203$45,000$45,000