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$347,575$347,575$472,410
Remaining term (yrs)24.924.930.0
Secondary amount$0$124,835$0
Funding fee$1,738$1,738$0
Note rate2.810%2.810%7.320%
Blended rate2.810%4.181%7.560%
1st payment$1,614.10$1,614.10$3,245.13
2nd payment$0.00$832.23$0.00
Taxes / mo$437.42$437.42$437.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.48
HOA / mo$104.00$104.00$104.00
Total monthly$2,322.18$3,154.41$4,047.69
Cash to close$177,325$52,490$52,490