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$335,823$335,823$449,910
Remaining term (yrs)24.624.630.0
Secondary amount$0$114,087$0
Funding fee$1,679$1,679$0
Note rate3.040%3.040%7.320%
Blended rate3.040%4.298%7.560%
1st payment$1,610.30$1,610.30$3,090.57
2nd payment$0.00$760.58$0.00
Taxes / mo$323.17$323.17$323.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,100.14$2,860.72$3,670.38
Cash to close$164,077$49,990$49,990