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$362,464$362,464$423,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$60,536$0
Funding fee$1,812$1,812$0
Note rate2.800%2.800%7.400%
Blended rate2.800%3.687%7.640%
1st payment$1,681.38$1,681.38$2,928.77
2nd payment$0.00$454.02$0.00
Taxes / mo$199.75$199.75$199.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.60
HOA / mo$36.00$36.00$36.00
Total monthly$2,083.80$2,537.81$3,415.78
Cash to close$107,536$47,000$47,000