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$380,216$380,216$589,488
Remaining term (yrs)24.324.330.0
Secondary amount$0$209,272$0
Funding fee$1,901$1,901$0
Note rate2.680%2.680%7.320%
Blended rate2.680%4.480%7.560%
1st payment$1,765.35$1,765.35$4,049.38
2nd payment$0.00$1,351.55$0.00
Taxes / mo$427.58$427.58$427.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.90
HOA / mo$85.00$85.00$85.00
Total monthly$2,444.60$3,796.15$4,846.52
Cash to close$274,771$65,499$65,499