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$373,771$373,771$459,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$85,229$0
Funding fee$1,869$1,869$0
Note rate2.500%2.500%7.400%
Blended rate2.500%3.707%7.640%
1st payment$1,714.18$1,714.18$3,178.02
2nd payment$0.00$639.22$0.00
Taxes / mo$476.58$476.58$476.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.80
HOA / mo$120.33$120.33$120.33
Total monthly$2,477.76$3,116.98$4,033.40
Cash to close$136,229$51,000$51,000