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$375,900$375,900$405,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$29,100$0
Funding fee$1,879$1,879$0
Note rate2.900%2.900%7.320%
Blended rate2.900%3.338%7.560%
1st payment$1,767.09$1,767.09$2,782.07
2nd payment$0.00$218.25$0.00
Taxes / mo$122.39$122.39$122.39
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,039.48$2,257.73$3,135.46
Cash to close$74,100$45,000$45,000