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$367,866$367,866$459,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$91,134$0
Funding fee$1,839$1,839$0
Note rate2.810%2.810%7.320%
Blended rate2.810%4.039%7.560%
1st payment$1,728.32$1,728.32$3,153.01
2nd payment$0.00$683.50$0.00
Taxes / mo$263.92$263.92$263.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.80
HOA / mo$50.00$50.00$50.00
Total monthly$2,208.90$2,892.40$3,725.39
Cash to close$142,134$51,000$51,000