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$347,171$347,171$495,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$147,829$0
Funding fee$1,736$1,736$0
Note rate2.940%2.940%7.320%
Blended rate2.940%4.451%7.560%
1st payment$1,677.75$1,677.75$3,400.31
2nd payment$0.00$985.53$0.00
Taxes / mo$458.33$458.33$458.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$535.00$535.00$535.00
Total monthly$2,837.75$3,823.28$4,659.31
Cash to close$202,829$55,000$55,000