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$393,419$393,419$539,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$146,491$0
Funding fee$1,967$1,967$0
Note rate2.980%2.980%7.320%
Blended rate2.980%4.342%7.560%
1st payment$1,845.06$1,845.06$3,708.81
2nd payment$0.00$976.60$0.00
Taxes / mo$168.92$168.92$168.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,180.64$3,157.25$4,152.37
Cash to close$206,481$59,990$59,990