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$356,435$356,435$494,999
Remaining term (yrs)24.524.530.0
Secondary amount$0$138,564$0
Funding fee$1,782$1,782$0
Note rate2.660%2.660%7.400%
Blended rate2.660%4.155%7.640%
1st payment$1,643.40$1,643.40$3,427.27
2nd payment$0.00$923.76$0.00
Taxes / mo$458.33$458.33$458.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$495.00$495.00$495.00
Total monthly$2,763.40$3,687.16$4,646.27
Cash to close$193,564$55,000$55,000