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$333,973$333,973$450,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$116,027$0
Funding fee$1,670$1,670$0
Note rate2.800%2.800%7.400%
Blended rate2.800%4.141%7.640%
1st payment$1,593.88$1,593.88$3,115.71
2nd payment$0.00$773.51$0.00
Taxes / mo$318.00$318.00$318.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,078.55$2,852.06$3,690.38
Cash to close$166,027$50,000$50,000