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$317,413$317,413$445,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$128,087$0
Funding fee$1,587$1,587$0
Note rate2.710%2.710%7.400%
Blended rate2.710%4.231%7.640%
1st payment$1,482.16$1,482.16$3,084.55
2nd payment$0.00$853.91$0.00
Taxes / mo$320.92$320.92$320.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.10
HOA / mo$100.00$100.00$100.00
Total monthly$2,069.74$2,923.65$3,761.24
Cash to close$177,587$49,500$49,500