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$332,735$332,735$480,600
Remaining term (yrs)24.324.330.0
Secondary amount$0$147,865$0
Funding fee$1,664$1,664$0
Note rate2.710%2.710%7.320%
Blended rate2.710%4.338%7.560%
1st payment$1,553.70$1,553.70$3,301.39
2nd payment$0.00$985.77$0.00
Taxes / mo$389.67$389.67$389.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.12
HOA / mo$39.33$39.33$39.33
Total monthly$2,149.36$3,135.13$3,993.17
Cash to close$201,265$53,400$53,400