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$363,317$363,317$535,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$172,183$0
Funding fee$1,817$1,817$0
Note rate2.700%2.700%7.400%
Blended rate2.700%4.404%7.640%
1st payment$1,690.58$1,690.58$3,707.69
2nd payment$0.00$1,147.89$0.00
Taxes / mo$268.08$268.08$268.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.10
HOA / mo$624.00$624.00$624.00
Total monthly$2,749.33$3,897.22$4,873.54
Cash to close$231,683$59,500$59,500