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$311,148$311,148$323,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$29,902$0
Funding fee$1,556$1,556$0
Note rate2.670%2.670%7.320%
Blended rate2.670%3.477%7.560%
1st payment$1,446.58$1,446.58$2,219.47
2nd payment$0.00$295.90$0.00
Taxes / mo$109.50$109.50$109.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,706.08$2,001.98$2,543.59
Cash to close$47,852$17,950$35,900