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$388,349$388,349$539,100
Remaining term (yrs)24.224.230.0
Secondary amount$0$150,751$0
Funding fee$1,942$1,942$0
Note rate2.840%2.840%7.400%
Blended rate2.840%4.283%7.640%
1st payment$1,843.53$1,843.53$3,732.62
2nd payment$0.00$1,005.01$0.00
Taxes / mo$499.17$499.17$499.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$345.00$345.00$345.00
Total monthly$2,854.37$3,859.37$4,851.27
Cash to close$210,651$59,900$59,900