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$327,207$327,207$449,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$122,703$0
Funding fee$1,636$1,636$0
Note rate2.980%2.980%7.400%
Blended rate2.980%4.349%7.640%
1st payment$1,551.74$1,551.74$3,115.09
2nd payment$0.00$818.02$0.00
Taxes / mo$59.25$59.25$59.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$47.00$47.00$47.00
Total monthly$1,824.66$2,642.68$3,477.98
Cash to close$172,693$49,990$49,990