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$339,059$339,059$359,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$39,991$0
Funding fee$1,695$1,695$0
Note rate2.730%2.730%7.320%
Blended rate2.730%3.695%7.560%
1st payment$1,582.88$1,582.88$2,466.77
2nd payment$0.00$395.74$0.00
Taxes / mo$282.17$282.17$282.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$302.00$302.00$302.00
Total monthly$2,317.05$2,712.79$3,272.75
Cash to close$59,941$19,950$39,900