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$336,494$336,494$405,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$68,506$0
Funding fee$1,682$1,682$0
Note rate2.900%2.900%7.400%
Blended rate2.900%3.932%7.640%
1st payment$1,578.24$1,578.24$2,804.14
2nd payment$0.00$513.80$0.00
Taxes / mo$271.33$271.33$271.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$30.00$30.00$30.00
Total monthly$2,029.58$2,543.38$3,336.47
Cash to close$113,506$45,000$45,000