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$353,070$353,070$501,300
Remaining term (yrs)24.824.830.0
Secondary amount$0$148,230$0
Funding fee$1,765$1,765$0
Note rate2.960%2.960%7.400%
Blended rate2.960%4.450%7.640%
1st payment$1,670.73$1,670.73$3,470.90
2nd payment$0.00$988.20$0.00
Taxes / mo$575.67$575.67$575.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$100.26
HOA / mo$0.00$0.00$0.00
Total monthly$2,413.06$3,401.26$4,313.49
Cash to close$203,930$55,700$55,700