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$327,863$327,863$468,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$140,137$0
Funding fee$1,639$1,639$0
Note rate2.710%2.710%7.400%
Blended rate2.710%4.294%7.640%
1st payment$1,530.95$1,530.95$3,240.34
2nd payment$0.00$934.24$0.00
Taxes / mo$307.83$307.83$307.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.60
HOA / mo$112.33$112.33$112.33
Total monthly$2,117.78$3,052.02$3,920.77
Cash to close$192,137$52,000$52,000