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$313,755$313,755$414,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$100,245$0
Funding fee$1,569$1,569$0
Note rate2.940%2.940%7.320%
Blended rate2.940%4.165%7.560%
1st payment$1,484.81$1,484.81$2,843.89
2nd payment$0.00$668.30$0.00
Taxes / mo$224.83$224.83$224.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.80
HOA / mo$56.00$56.00$56.00
Total monthly$1,932.31$2,600.61$3,374.19
Cash to close$146,245$46,000$46,000