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$367,602$367,602$382,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$36,148$0
Funding fee$1,838$1,838$0
Note rate2.800%2.800%7.400%
Blended rate2.800%3.612%7.640%
1st payment$1,705.21$1,705.21$2,648.35
2nd payment$0.00$357.71$0.00
Taxes / mo$163.75$163.75$163.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$10.00$10.00$10.00
Total monthly$2,028.96$2,386.68$3,048.60
Cash to close$57,398$21,250$42,500