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$368,448$368,448$483,300
Remaining term (yrs)24.924.930.0
Secondary amount$0$114,852$0
Funding fee$1,842$1,842$0
Note rate2.800%2.800%7.400%
Blended rate2.800%4.036%7.640%
1st payment$1,705.21$1,705.21$3,346.27
2nd payment$0.00$765.68$0.00
Taxes / mo$447.50$447.50$447.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.66
HOA / mo$136.67$136.67$136.67
Total monthly$2,456.05$3,221.73$4,193.77
Cash to close$168,552$53,700$53,700