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$379,259$379,259$472,410
Remaining term (yrs)25.025.030.0
Secondary amount$0$93,151$0
Funding fee$1,896$1,896$0
Note rate2.990%2.990%7.320%
Blended rate2.990%4.175%7.560%
1st payment$1,788.52$1,788.52$3,245.13
2nd payment$0.00$698.63$0.00
Taxes / mo$219.58$219.58$219.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.48
HOA / mo$0.00$0.00$0.00
Total monthly$2,174.77$2,873.40$3,725.86
Cash to close$145,641$52,490$52,490