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$380,746$380,746$472,410
Remaining term (yrs)24.924.930.0
Secondary amount$0$91,664$0
Funding fee$1,904$1,904$0
Note rate2.780%2.780%7.320%
Blended rate2.780%3.987%7.560%
1st payment$1,762.28$1,762.28$3,245.13
2nd payment$0.00$687.48$0.00
Taxes / mo$307.58$307.58$307.58
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$2,236.53$2,924.00$3,813.86
Cash to close$144,154$52,490$52,490