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$325,608$325,608$459,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$133,392$0
Funding fee$1,628$1,628$0
Note rate2.650%2.650%7.320%
Blended rate2.650%4.205%7.560%
1st payment$1,499.62$1,499.62$3,153.01
2nd payment$0.00$889.28$0.00
Taxes / mo$382.92$382.92$382.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.80
HOA / mo$205.00$205.00$205.00
Total monthly$2,254.20$3,143.48$3,999.39
Cash to close$184,392$51,000$51,000