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$382,270$382,270$405,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$45,230$0
Funding fee$1,911$1,911$0
Note rate2.900%2.900%7.400%
Blended rate2.900%3.850%7.640%
1st payment$1,801.15$1,801.15$2,804.14
2nd payment$0.00$447.59$0.00
Taxes / mo$180.63$180.63$180.63
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$186.00$186.00$186.00
Total monthly$2,317.78$2,765.37$3,401.77
Cash to close$67,730$22,500$45,000