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$326,058$326,058$382,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$56,442$0
Funding fee$1,630$1,630$0
Note rate2.960%2.960%7.400%
Blended rate2.960%3.851%7.640%
1st payment$1,579.08$1,579.08$2,648.35
2nd payment$0.00$423.32$0.00
Taxes / mo$249.00$249.00$249.00
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$1,978.08$2,401.39$3,123.85
Cash to close$98,942$42,500$42,500