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$352,601$352,601$481,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$128,899$0
Funding fee$1,763$1,763$0
Note rate2.980%2.980%7.320%
Blended rate2.980%4.324%7.560%
1st payment$1,715.33$1,715.33$3,307.57
2nd payment$0.00$859.33$0.00
Taxes / mo$383.17$383.17$383.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.30
HOA / mo$11.08$11.08$11.08
Total monthly$2,276.24$3,135.57$3,964.78
Cash to close$182,399$53,500$53,500