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$372,292$372,292$494,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$122,618$0
Funding fee$1,861$1,861$0
Note rate2.960%2.960%7.320%
Blended rate2.960%4.209%7.560%
1st payment$1,761.69$1,761.69$3,399.69
2nd payment$0.00$817.45$0.00
Taxes / mo$273.75$273.75$273.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,202.11$3,019.56$3,939.09
Cash to close$177,608$54,990$54,990