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$330,363$330,363$404,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$73,737$0
Funding fee$1,652$1,652$0
Note rate2.800%2.800%7.400%
Blended rate2.800%3.931%7.640%
1st payment$1,532.47$1,532.47$2,797.91
2nd payment$0.00$553.02$0.00
Taxes / mo$540.17$540.17$540.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.82
HOA / mo$12.08$12.08$12.08
Total monthly$2,234.72$2,787.74$3,580.97
Cash to close$118,637$44,900$44,900