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$305,649$305,649$421,920
Remaining term (yrs)24.324.330.0
Secondary amount$0$116,271$0
Funding fee$1,528$1,528$0
Note rate2.720%2.720%7.320%
Blended rate2.720%4.175%7.560%
1st payment$1,428.77$1,428.77$2,898.30
2nd payment$0.00$775.14$0.00
Taxes / mo$390.67$390.67$390.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,986.11$2,761.25$3,540.02
Cash to close$163,151$46,880$46,880