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$373,251$373,251$396,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$44,749$0
Funding fee$1,866$1,866$0
Note rate2.700%2.700%7.320%
Blended rate2.700%3.682%7.560%
1st payment$1,712.31$1,712.31$2,720.25
2nd payment$0.00$442.82$0.00
Taxes / mo$394.33$394.33$394.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.20
HOA / mo$8.33$8.33$8.33
Total monthly$2,264.97$2,707.80$3,352.11
Cash to close$66,749$22,000$44,000