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$333,295$333,295$392,299
Remaining term (yrs)24.524.530.0
Secondary amount$0$59,004$0
Funding fee$1,666$1,666$0
Note rate2.970%2.970%7.320%
Blended rate2.970%3.877%7.560%
1st payment$1,589.70$1,589.70$2,694.82
2nd payment$0.00$442.53$0.00
Taxes / mo$363.24$363.24$363.24
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.46
HOA / mo$154.00$154.00$154.00
Total monthly$2,256.94$2,699.47$3,440.52
Cash to close$102,593$43,589$43,589