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$330,843$330,843$562,410
Remaining term (yrs)24.424.430.0
Secondary amount$0$231,567$0
Funding fee$1,654$1,654$0
Note rate2.790%2.790%7.400%
Blended rate2.790%4.832%7.640%
1st payment$1,554.66$1,554.66$3,894.01
2nd payment$0.00$1,495.53$0.00
Taxes / mo$520.75$520.75$520.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.48
HOA / mo$0.00$0.00$0.00
Total monthly$2,242.08$3,737.61$4,693.91
Cash to close$294,057$62,490$62,490