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$377,470$377,470$418,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$41,030$0
Funding fee$1,887$1,887$0
Note rate2.875%2.875%7.400%
Blended rate2.875%3.475%7.640%
1st payment$1,773.67$1,773.67$2,897.61
2nd payment$0.00$307.72$0.00
Taxes / mo$242.92$242.92$242.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.70
HOA / mo$30.00$30.00$30.00
Total monthly$2,213.25$2,520.97$3,420.89
Cash to close$87,530$46,500$46,500