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$333,546$333,546$422,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$89,364$0
Funding fee$1,668$1,668$0
Note rate2.980%2.980%7.400%
Blended rate2.980%4.252%7.640%
1st payment$1,567.72$1,567.72$2,928.14
2nd payment$0.00$670.23$0.00
Taxes / mo$194.75$194.75$194.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,929.14$2,599.37$3,374.14
Cash to close$136,354$46,990$46,990