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$336,089$336,089$360,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$43,911$0
Funding fee$1,680$1,680$0
Note rate2.880%2.880%7.320%
Blended rate2.880%3.919%7.560%
1st payment$1,569.30$1,569.30$2,472.95
2nd payment$0.00$434.54$0.00
Taxes / mo$115.33$115.33$115.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,834.64$2,269.18$2,810.28
Cash to close$63,911$20,000$40,000