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$335,895$335,895$495,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$159,105$0
Funding fee$1,679$1,679$0
Note rate2.310%2.310%7.400%
Blended rate2.310%4.139%7.640%
1st payment$1,501.00$1,501.00$3,427.28
2nd payment$0.00$1,060.70$0.00
Taxes / mo$385.25$385.25$385.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$53.00$53.00$53.00
Total monthly$2,105.92$3,166.62$4,131.20
Cash to close$214,105$55,000$55,000