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$408,434$408,434$494,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$86,476$0
Funding fee$2,042$2,042$0
Note rate2.670%2.670%7.320%
Blended rate2.670%3.776%7.560%
1st payment$1,898.88$1,898.88$3,399.69
2nd payment$0.00$648.57$0.00
Taxes / mo$179.00$179.00$179.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,244.54$2,893.11$3,844.34
Cash to close$141,466$54,990$54,990