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$322,730$322,730$449,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$126,370$0
Funding fee$1,614$1,614$0
Note rate2.730%2.730%7.400%
Blended rate2.730%4.213%7.640%
1st payment$1,503.06$1,503.06$3,109.48
2nd payment$0.00$842.47$0.00
Taxes / mo$415.83$415.83$415.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,085.56$2,928.03$3,781.80
Cash to close$176,270$49,900$49,900