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$386,004$386,004$539,910
Remaining term (yrs)23.723.730.0
Secondary amount$0$153,906$0
Funding fee$1,930$1,930$0
Note rate2.250%2.250%7.320%
Blended rate2.250%3.889%7.560%
1st payment$1,744.96$1,744.96$3,708.81
2nd payment$0.00$1,026.04$0.00
Taxes / mo$728.50$728.50$728.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$48.33$48.33$48.33
Total monthly$2,688.46$3,714.50$4,760.29
Cash to close$213,896$59,990$59,990