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$373,594$373,594$427,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$53,906$0
Funding fee$1,868$1,868$0
Note rate2.660%2.660%7.320%
Blended rate2.660%3.459%7.560%
1st payment$1,735.01$1,735.01$2,936.63
2nd payment$0.00$404.29$0.00
Taxes / mo$225.33$225.33$225.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,127.01$2,531.30$3,414.13
Cash to close$101,406$47,500$47,500