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$366,108$366,108$495,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$128,892$0
Funding fee$1,831$1,831$0
Note rate2.650%2.650%7.320%
Blended rate2.650%4.043%7.560%
1st payment$1,694.27$1,694.27$3,400.31
2nd payment$0.00$859.28$0.00
Taxes / mo$146.92$146.92$146.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$69.00$69.00$69.00
Total monthly$2,076.86$2,936.14$3,881.89
Cash to close$183,892$55,000$55,000