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$344,870$344,870$445,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$100,630$0
Funding fee$1,724$1,724$0
Note rate2.900%2.900%7.400%
Blended rate2.900%4.052%7.640%
1st payment$1,621.22$1,621.22$3,084.55
2nd payment$0.00$670.87$0.00
Taxes / mo$412.50$412.50$412.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.10
HOA / mo$185.00$185.00$185.00
Total monthly$2,385.38$3,056.25$3,937.82
Cash to close$150,130$49,500$49,500