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$333,005$333,005$367,200
Remaining term (yrs)25.425.430.0
Secondary amount$0$34,195$0
Funding fee$1,665$1,665$0
Note rate4.670%4.670%7.400%
Blended rate4.670%5.073%7.640%
1st payment$1,860.61$1,860.61$2,542.42
2nd payment$0.00$256.47$0.00
Taxes / mo$714.75$714.75$714.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.44
HOA / mo$0.00$0.00$0.00
Total monthly$2,725.36$2,981.82$3,480.61
Cash to close$74,995$40,800$40,800