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$367,792$367,792$472,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$104,708$0
Funding fee$1,839$1,839$0
Note rate2.690%2.690%7.320%
Blended rate2.690%3.867%7.560%
1st payment$1,666.02$1,666.02$3,245.75
2nd payment$0.00$698.05$0.00
Taxes / mo$355.17$355.17$355.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$55.00$55.00$55.00
Total monthly$2,242.85$2,940.91$3,917.08
Cash to close$157,208$52,500$52,500