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$385,253$385,253$521,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$135,847$0
Funding fee$1,926$1,926$0
Note rate2.940%2.940%7.400%
Blended rate2.940%4.259%7.640%
1st payment$1,861.79$1,861.79$3,607.99
2nd payment$0.00$905.65$0.00
Taxes / mo$482.50$482.50$482.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.22
HOA / mo$103.00$103.00$103.00
Total monthly$2,613.96$3,519.60$4,464.38
Cash to close$193,747$57,900$57,900