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$336,599$336,599$382,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$45,901$0
Funding fee$1,683$1,683$0
Note rate2.800%2.800%7.320%
Blended rate2.800%3.544%7.560%
1st payment$1,561.40$1,561.40$2,627.51
2nd payment$0.00$344.25$0.00
Taxes / mo$71.92$71.92$71.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$150.00$150.00$150.00
Total monthly$1,933.32$2,277.57$3,075.93
Cash to close$88,401$42,500$42,500