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$326,985$326,985$463,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$136,515$0
Funding fee$1,635$1,635$0
Note rate2.250%2.250%7.320%
Blended rate2.250%3.944%7.560%
1st payment$1,447.78$1,447.78$3,183.92
2nd payment$0.00$910.10$0.00
Taxes / mo$558.42$558.42$558.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.70
HOA / mo$37.00$37.00$37.00
Total monthly$2,209.86$3,119.96$4,038.71
Cash to close$188,015$51,500$51,500