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$327,953$327,953$455,399
Remaining term (yrs)24.624.630.0
Secondary amount$0$127,446$0
Funding fee$1,640$1,640$0
Note rate3.060%3.060%7.400%
Blended rate3.060%4.442%7.640%
1st payment$1,575.98$1,575.98$3,153.09
2nd payment$0.00$849.64$0.00
Taxes / mo$298.75$298.75$298.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.08
HOA / mo$65.00$65.00$65.00
Total monthly$2,106.40$2,956.04$3,774.59
Cash to close$178,046$50,600$50,600