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$408,636$408,636$431,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$46,414$0
Funding fee$2,043$2,043$0
Note rate2.680%2.680%7.400%
Blended rate2.680%3.618%7.640%
1st payment$1,897.31$1,897.31$2,984.85
2nd payment$0.00$459.30$0.00
Taxes / mo$158.50$158.50$158.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.22
HOA / mo$2.50$2.50$2.50
Total monthly$2,224.97$2,684.28$3,398.74
Cash to close$70,364$23,950$47,900