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$392,668$392,668$449,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$56,432$0
Funding fee$1,963$1,963$0
Note rate2.960%2.960%7.320%
Blended rate2.960%3.719%7.560%
1st payment$1,866.57$1,866.57$3,085.01
2nd payment$0.00$423.24$0.00
Taxes / mo$277.75$277.75$277.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,310.99$2,734.23$3,619.24
Cash to close$106,332$49,900$49,900