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$316,654$316,654$337,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$39,596$0
Funding fee$1,583$1,583$0
Note rate2.720%2.720%7.400%
Blended rate2.720%3.738%7.640%
1st payment$1,483.79$1,483.79$2,336.78
2nd payment$0.00$391.83$0.00
Taxes / mo$520.17$520.17$520.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,153.96$2,545.79$3,074.45
Cash to close$58,346$18,750$37,500