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$373,146$373,146$449,100
Remaining term (yrs)24.124.130.0
Secondary amount$0$75,954$0
Funding fee$1,866$1,866$0
Note rate2.840%2.840%7.400%
Blended rate2.840%3.882%7.640%
1st payment$1,775.59$1,775.59$3,109.48
2nd payment$0.00$569.65$0.00
Taxes / mo$415.83$415.83$415.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$135.00$135.00$135.00
Total monthly$2,493.09$3,062.75$3,916.80
Cash to close$125,854$49,900$49,900