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$325,396$325,396$449,910
Remaining term (yrs)24.224.230.0
Secondary amount$0$124,514$0
Funding fee$1,627$1,627$0
Note rate2.710%2.710%7.400%
Blended rate2.710%4.174%7.640%
1st payment$1,523.10$1,523.10$3,115.09
2nd payment$0.00$830.10$0.00
Taxes / mo$255.00$255.00$255.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$50.00$50.00$50.00
Total monthly$1,994.77$2,824.86$3,676.73
Cash to close$174,504$49,990$49,990