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$320,781$320,781$422,910
Remaining term (yrs)24.224.230.0
Secondary amount$0$102,129$0
Funding fee$1,604$1,604$0
Note rate2.710%2.710%7.400%
Blended rate2.710%3.987%7.640%
1st payment$1,501.50$1,501.50$2,928.14
2nd payment$0.00$680.86$0.00
Taxes / mo$391.58$391.58$391.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.58
HOA / mo$594.00$594.00$594.00
Total monthly$2,653.75$3,334.61$4,164.98
Cash to close$149,119$46,990$46,990