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$354,476$354,476$463,410
Remaining term (yrs)24.824.830.0
Secondary amount$0$108,934$0
Funding fee$1,772$1,772$0
Note rate2.960%2.960%7.400%
Blended rate2.960%4.145%7.640%
1st payment$1,677.38$1,677.38$3,208.56
2nd payment$0.00$726.23$0.00
Taxes / mo$65.25$65.25$65.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,909.30$2,635.53$3,533.16
Cash to close$160,424$51,490$51,490