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$363,876$363,876$539,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$176,034$0
Funding fee$1,819$1,819$0
Note rate2.740%2.740%7.400%
Blended rate2.740%4.455%7.640%
1st payment$1,700.59$1,700.59$3,738.23
2nd payment$0.00$1,173.56$0.00
Taxes / mo$573.47$573.47$573.47
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$127.33$127.33$127.33
Total monthly$2,568.06$3,741.62$4,713.67
Cash to close$236,024$59,990$59,990