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$388,054$388,054$575,910
Remaining term (yrs)27.527.530.0
Secondary amount$0$187,856$0
Funding fee$1,940$1,940$0
Note rate2.750%2.750%7.320%
Blended rate2.750%4.462%7.560%
1st payment$1,670.60$1,670.60$3,956.10
2nd payment$0.00$1,252.37$0.00
Taxes / mo$332.83$332.83$332.83
Insurance / mo$0.00$0.00$0.00
MI / mo$0.00$0.00$115.18
HOA / mo$50.00$50.00$50.00
Total monthly$2,053.44$3,305.81$4,454.12
Cash to close$251,846$63,990$63,990