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$380,029$380,029$517,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$137,471$0
Funding fee$1,900$1,900$0
Note rate2.770%2.770%7.320%
Blended rate2.770%4.159%7.560%
1st payment$1,748.94$1,748.94$3,554.87
2nd payment$0.00$916.48$0.00
Taxes / mo$432.67$432.67$432.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$0.17$0.17$0.17
Total monthly$2,348.44$3,264.92$4,257.87
Cash to close$194,971$57,500$57,500