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$372,631$372,631$472,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$99,869$0
Funding fee$1,863$1,863$0
Note rate2.670%2.670%7.400%
Blended rate2.670%4.008%7.640%
1st payment$1,732.42$1,732.42$3,271.49
2nd payment$0.00$749.02$0.00
Taxes / mo$199.00$199.00$199.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,098.09$2,847.11$3,731.66
Cash to close$152,369$52,500$52,500