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$377,694$377,694$629,910
Remaining term (yrs)24.624.630.0
Secondary amount$0$252,216$0
Funding fee$1,888$1,888$0
Note rate2.175%2.175%7.320%
Blended rate2.175%4.407%7.560%
1st payment$1,645.67$1,645.67$4,327.04
2nd payment$0.00$1,628.90$0.00
Taxes / mo$372.17$372.17$372.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$50.00$50.00$50.00
Total monthly$2,234.50$3,863.40$5,041.86
Cash to close$322,206$69,990$69,990