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$365,297$365,297$530,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$164,803$0
Funding fee$1,826$1,826$0
Note rate2.860%2.860%7.320%
Blended rate2.860%4.458%7.560%
1st payment$1,701.91$1,701.91$3,641.42
2nd payment$0.00$1,098.69$0.00
Taxes / mo$173.58$173.58$173.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$106.02
HOA / mo$0.00$0.00$0.00
Total monthly$2,042.16$3,140.85$4,087.69
Cash to close$223,703$58,900$58,900