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$357,927$357,927$490,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$132,573$0
Funding fee$1,790$1,790$0
Note rate2.900%2.900%7.320%
Blended rate2.900%4.278%7.560%
1st payment$1,671.20$1,671.20$3,369.39
2nd payment$0.00$883.82$0.00
Taxes / mo$454.17$454.17$454.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.10
HOA / mo$432.00$432.00$432.00
Total monthly$2,724.03$3,607.85$4,520.33
Cash to close$187,073$54,500$54,500