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$339,810$339,810$413,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$74,100$0
Funding fee$1,699$1,699$0
Note rate2.800%2.800%7.400%
Blended rate2.800%3.910%7.640%
1st payment$1,576.29$1,576.29$2,865.83
2nd payment$0.00$555.75$0.00
Taxes / mo$226.50$226.50$226.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.78
HOA / mo$30.00$30.00$30.00
Total monthly$1,999.46$2,555.21$3,371.78
Cash to close$120,090$45,990$45,990