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$355,537$355,537$441,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$85,463$0
Funding fee$1,778$1,778$0
Note rate2.810%2.810%7.320%
Blended rate2.810%4.010%7.560%
1st payment$1,670.39$1,670.39$3,029.36
2nd payment$0.00$640.97$0.00
Taxes / mo$334.00$334.00$334.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.20
HOA / mo$39.33$39.33$39.33
Total monthly$2,210.39$2,851.36$3,657.56
Cash to close$134,463$49,000$49,000