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$337,042$337,042$494,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$157,868$0
Funding fee$1,685$1,685$0
Note rate2.700%2.700%7.400%
Blended rate2.700%4.391%7.640%
1st payment$1,572.10$1,572.10$3,426.66
2nd payment$0.00$1,052.45$0.00
Taxes / mo$438.58$438.58$438.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,177.35$3,229.80$4,130.89
Cash to close$212,858$54,990$54,990