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$381,607$381,607$395,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$35,443$0
Funding fee$1,908$1,908$0
Note rate2.540%2.540%7.400%
Blended rate2.540%3.333%7.640%
1st payment$1,691.59$1,691.59$2,735.59
2nd payment$0.00$350.74$0.00
Taxes / mo$523.83$523.83$523.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.02
HOA / mo$0.00$0.00$0.00
Total monthly$2,365.42$2,716.16$3,488.45
Cash to close$57,393$21,950$43,900