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$317,878$317,878$382,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$64,622$0
Funding fee$1,589$1,589$0
Note rate2.800%2.800%7.400%
Blended rate2.800%3.847%7.640%
1st payment$1,471.17$1,471.17$2,648.35
2nd payment$0.00$484.67$0.00
Taxes / mo$368.00$368.00$368.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$45.00$45.00$45.00
Total monthly$2,034.17$2,518.84$3,287.85
Cash to close$107,122$42,500$42,500