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$334,852$334,852$449,999
Remaining term (yrs)24.324.330.0
Secondary amount$0$115,147$0
Funding fee$1,674$1,674$0
Note rate2.710%2.710%7.400%
Blended rate2.710%4.064%7.640%
1st payment$1,563.58$1,563.58$3,115.70
2nd payment$0.00$767.65$0.00
Taxes / mo$589.33$589.33$589.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$16.67$16.67$16.67
Total monthly$2,336.25$3,103.90$3,978.37
Cash to close$165,147$50,000$50,000