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$358,339$358,339$409,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$51,161$0
Funding fee$1,792$1,792$0
Note rate2.810%2.810%7.320%
Blended rate2.810%3.583%7.560%
1st payment$1,683.56$1,683.56$2,812.98
2nd payment$0.00$383.70$0.00
Taxes / mo$318.17$318.17$318.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$81.90
HOA / mo$0.00$0.00$0.00
Total monthly$2,168.39$2,552.09$3,379.71
Cash to close$96,661$45,500$45,500