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$346,244$346,244$454,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$108,256$0
Funding fee$1,731$1,731$0
Note rate2.960%2.960%7.320%
Blended rate2.960%4.160%7.560%
1st payment$1,642.15$1,642.15$3,122.10
2nd payment$0.00$721.71$0.00
Taxes / mo$339.58$339.58$339.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.90
HOA / mo$75.00$75.00$75.00
Total monthly$2,223.40$2,945.11$3,794.25
Cash to close$158,756$50,500$50,500