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$335,471$335,471$472,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$137,029$0
Funding fee$1,677$1,677$0
Note rate2.710%2.710%7.400%
Blended rate2.710%4.244%7.640%
1st payment$1,574.07$1,574.07$3,271.49
2nd payment$0.00$913.53$0.00
Taxes / mo$432.25$432.25$432.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,172.99$3,086.52$3,964.91
Cash to close$189,529$52,500$52,500