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$367,464$367,464$467,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$100,446$0
Funding fee$1,837$1,837$0
Note rate2.990%2.990%7.400%
Blended rate2.990%4.065%7.640%
1st payment$1,789.53$1,789.53$3,239.71
2nd payment$0.00$669.64$0.00
Taxes / mo$290.25$290.25$290.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.58
HOA / mo$8.33$8.33$8.33
Total monthly$2,254.77$2,924.41$3,798.54
Cash to close$152,436$51,990$51,990