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$394,068$394,068$428,310
Remaining term (yrs)24.424.430.0
Secondary amount$0$34,242$0
Funding fee$1,970$1,970$0
Note rate2.810%2.810%7.320%
Blended rate2.810%3.305%7.560%
1st payment$1,851.42$1,851.42$2,942.19
2nd payment$0.00$256.81$0.00
Taxes / mo$667.67$667.67$667.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.66
HOA / mo$0.00$0.00$0.00
Total monthly$2,685.75$2,942.56$3,862.19
Cash to close$81,832$47,590$47,590