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$330,058$330,058$575,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$245,042$0
Funding fee$1,650$1,650$0
Note rate2.940%2.940%7.320%
Blended rate2.940%4.989%7.560%
1st payment$1,554.89$1,554.89$3,950.54
2nd payment$0.00$1,582.56$0.00
Taxes / mo$532.50$532.50$532.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.02
HOA / mo$359.00$359.00$359.00
Total monthly$2,613.06$4,195.62$5,123.72
Cash to close$308,942$63,900$63,900