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$314,402$314,402$382,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$68,098$0
Funding fee$1,572$1,572$0
Note rate2.940%2.940%7.400%
Blended rate2.940%4.019%7.640%
1st payment$1,519.39$1,519.39$2,648.35
2nd payment$0.00$510.73$0.00
Taxes / mo$141.00$141.00$141.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,810.39$2,321.13$3,015.85
Cash to close$110,598$42,500$42,500