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$372,673$372,673$422,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$50,237$0
Funding fee$1,863$1,863$0
Note rate2.810%2.810%7.400%
Blended rate2.810%3.545%7.640%
1st payment$1,750.90$1,750.90$2,928.14
2nd payment$0.00$376.78$0.00
Taxes / mo$256.75$256.75$256.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,174.32$2,551.09$3,436.14
Cash to close$97,227$46,990$46,990