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$329,390$329,390$387,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$57,610$0
Funding fee$1,647$1,647$0
Note rate2.780%2.780%7.400%
Blended rate2.780%3.706%7.640%
1st payment$1,524.57$1,524.57$2,679.51
2nd payment$0.00$432.08$0.00
Taxes / mo$158.92$158.92$158.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,833.49$2,265.57$3,065.83
Cash to close$100,610$43,000$43,000