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$338,285$338,285$400,410
Remaining term (yrs)24.724.730.0
Secondary amount$0$62,125$0
Funding fee$1,691$1,691$0
Note rate2.990%2.990%7.400%
Blended rate2.990%3.922%7.640%
1st payment$1,609.66$1,609.66$2,772.36
2nd payment$0.00$465.94$0.00
Taxes / mo$216.42$216.42$216.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.08
HOA / mo$50.00$50.00$50.00
Total monthly$2,026.08$2,492.02$3,268.86
Cash to close$106,615$44,490$44,490