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$332,896$332,896$431,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$99,014$0
Funding fee$1,664$1,664$0
Note rate2.770%2.770%7.400%
Blended rate2.770%4.198%7.640%
1st payment$1,525.06$1,525.06$2,990.46
2nd payment$0.00$742.60$0.00
Taxes / mo$281.17$281.17$281.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.38
HOA / mo$40.00$40.00$40.00
Total monthly$2,012.89$2,755.49$3,564.67
Cash to close$147,004$47,990$47,990