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$339,185$339,185$404,100
Remaining term (yrs)24.124.130.0
Secondary amount$0$64,915$0
Funding fee$1,696$1,696$0
Note rate2.250%2.250%7.320%
Blended rate2.250%3.334%7.560%
1st payment$1,513.41$1,513.41$2,775.89
2nd payment$0.00$486.86$0.00
Taxes / mo$316.17$316.17$316.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.82
HOA / mo$92.00$92.00$92.00
Total monthly$2,071.58$2,558.44$3,414.87
Cash to close$109,815$44,900$44,900