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$368,532$368,532$625,050
Remaining term (yrs)24.724.730.0
Secondary amount$0$256,518$0
Funding fee$1,843$1,843$0
Note rate2.710%2.710%7.400%
Blended rate2.710%4.778%7.640%
1st payment$1,700.49$1,700.49$4,327.72
2nd payment$0.00$1,656.68$0.00
Taxes / mo$551.25$551.25$551.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.01
HOA / mo$176.67$176.67$176.67
Total monthly$2,595.07$4,251.76$5,347.32
Cash to close$325,968$69,450$69,450