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$335,457$335,457$539,999
Remaining term (yrs)24.224.230.0
Secondary amount$0$204,542$0
Funding fee$1,677$1,677$0
Note rate2.500%2.500%7.400%
Blended rate2.500%4.489%7.640%
1st payment$1,534.63$1,534.63$3,738.84
2nd payment$0.00$1,321.00$0.00
Taxes / mo$836.67$836.67$836.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$91.33$91.33$91.33
Total monthly$2,629.30$3,950.30$4,941.51
Cash to close$264,542$60,000$60,000