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$373,859$373,859$463,410
Remaining term (yrs)23.923.930.0
Secondary amount$0$89,551$0
Funding fee$1,881$1,881$0
Note rate2.500%2.500%7.400%
Blended rate2.500%3.750%7.640%
1st payment$1,738.10$1,738.10$3,208.56
2nd payment$0.00$671.63$0.00
Taxes / mo$422.42$422.42$422.42
Insurance / mo$0.00$0.00$0.00
MI / mo$0.00$0.00$92.68
HOA / mo$49.00$49.00$49.00
Total monthly$2,209.51$2,881.14$3,772.66
Cash to close$141,041$51,490$51,490