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$358,796$358,796$539,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$180,304$0
Funding fee$1,794$1,794$0
Note rate2.810%2.810%7.400%
Blended rate2.810%4.546%7.640%
1st payment$1,685.70$1,685.70$3,732.62
2nd payment$0.00$1,202.02$0.00
Taxes / mo$515.92$515.92$515.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$11.67$11.67$11.67
Total monthly$2,379.96$3,581.98$4,534.69
Cash to close$240,204$59,900$59,900