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$378,474$378,474$413,100
Remaining term (yrs)24.224.230.0
Secondary amount$0$34,626$0
Funding fee$1,892$1,892$0
Note rate2.840%2.840%7.320%
Blended rate2.840%3.356%7.560%
1st payment$1,796.65$1,796.65$2,837.71
2nd payment$0.00$259.70$0.00
Taxes / mo$446.67$446.67$446.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.62
HOA / mo$300.00$300.00$300.00
Total monthly$2,709.99$2,969.69$3,833.66
Cash to close$80,526$45,900$45,900