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$364,078$364,078$517,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$153,422$0
Funding fee$1,820$1,820$0
Note rate2.880%2.880%7.400%
Blended rate2.880%4.398%7.640%
1st payment$1,748.24$1,748.24$3,583.07
2nd payment$0.00$1,022.81$0.00
Taxes / mo$261.42$261.42$261.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$8.33$8.33$8.33
Total monthly$2,184.65$3,207.46$4,122.98
Cash to close$210,922$57,500$57,500