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$343,560$343,560$459,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$115,440$0
Funding fee$1,718$1,718$0
Note rate2.730%2.730%7.400%
Blended rate2.730%4.055%7.640%
1st payment$1,603.89$1,603.89$3,178.02
2nd payment$0.00$769.60$0.00
Taxes / mo$210.08$210.08$210.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.80
HOA / mo$70.00$70.00$70.00
Total monthly$2,050.64$2,820.25$3,716.57
Cash to close$166,440$51,000$51,000