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$335,537$335,537$373,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$37,963$0
Funding fee$1,678$1,678$0
Note rate2.790%2.790%7.400%
Blended rate2.790%3.421%7.640%
1st payment$1,576.72$1,576.72$2,586.04
2nd payment$0.00$284.72$0.00
Taxes / mo$380.75$380.75$380.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$85.00$85.00$85.00
Total monthly$2,192.47$2,477.19$3,276.49
Cash to close$79,463$41,500$41,500