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$355,467$355,467$449,091
Remaining term (yrs)24.924.930.0
Secondary amount$0$93,624$0
Funding fee$1,777$1,777$0
Note rate2.800%2.800%7.400%
Blended rate2.800%4.093%7.640%
1st payment$1,645.14$1,645.14$3,109.42
2nd payment$0.00$702.18$0.00
Taxes / mo$371.25$371.25$371.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$36.67$36.67$36.67
Total monthly$2,219.73$2,921.90$3,773.82
Cash to close$143,523$49,899$49,899