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$374,749$374,749$445,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$70,751$0
Funding fee$1,874$1,874$0
Note rate2.710%2.710%7.400%
Blended rate2.710%3.709%7.640%
1st payment$1,749.88$1,749.88$3,084.55
2nd payment$0.00$530.63$0.00
Taxes / mo$399.67$399.67$399.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.10
HOA / mo$50.00$50.00$50.00
Total monthly$2,366.21$2,896.85$3,789.99
Cash to close$120,251$49,500$49,500