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$344,085$344,085$418,500
Remaining term (yrs)23.323.330.0
Secondary amount$0$74,415$0
Funding fee$1,720$1,720$0
Note rate2.670%2.670%7.320%
Blended rate2.670%3.796%7.560%
1st payment$1,648.25$1,648.25$2,874.80
2nd payment$0.00$558.11$0.00
Taxes / mo$490.00$490.00$490.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,304.91$2,863.02$3,615.17
Cash to close$120,915$46,500$46,500