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$366,398$366,398$481,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$115,102$0
Funding fee$1,832$1,832$0
Note rate2.650%2.650%7.400%
Blended rate2.650%3.929%7.640%
1st payment$1,695.62$1,695.62$3,333.81
2nd payment$0.00$767.34$0.00
Taxes / mo$619.58$619.58$619.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.30
HOA / mo$46.33$46.33$46.33
Total monthly$2,528.20$3,295.54$4,262.69
Cash to close$168,602$53,500$53,500