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$373,911$373,911$427,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$53,589$0
Funding fee$1,870$1,870$0
Note rate2.700%2.700%7.400%
Blended rate2.700%3.490%7.640%
1st payment$1,744.07$1,744.07$2,959.92
2nd payment$0.00$401.92$0.00
Taxes / mo$225.30$225.30$225.30
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$2,136.03$2,537.95$3,437.39
Cash to close$101,089$47,500$47,500