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$354,377$354,377$446,310
Remaining term (yrs)24.924.930.0
Secondary amount$0$91,933$0
Funding fee$1,772$1,772$0
Note rate2.840%2.840%7.400%
Blended rate2.840%4.109%7.640%
1st payment$1,647.39$1,647.39$3,090.16
2nd payment$0.00$689.49$0.00
Taxes / mo$100.00$100.00$100.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.26
HOA / mo$0.00$0.00$0.00
Total monthly$1,914.05$2,603.55$3,446.09
Cash to close$141,523$49,590$49,590