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$372,710$372,710$485,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$113,200$0
Funding fee$1,864$1,864$0
Note rate2.680%2.680%7.400%
Blended rate2.680%3.919%7.640%
1st payment$1,734.68$1,734.68$3,364.34
2nd payment$0.00$754.67$0.00
Taxes / mo$199.00$199.00$199.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,100.35$2,855.01$3,827.19
Cash to close$167,190$53,990$53,990