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$330,564$330,564$508,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$177,936$0
Funding fee$1,653$1,653$0
Note rate2.730%2.730%7.400%
Blended rate2.730%4.574%7.640%
1st payment$1,543.22$1,543.22$3,520.75
2nd payment$0.00$1,186.24$0.00
Taxes / mo$684.92$684.92$684.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$101.70
HOA / mo$71.67$71.67$71.67
Total monthly$2,466.48$3,652.72$4,545.70
Cash to close$234,436$56,500$56,500