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$369,189$369,189$567,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$197,811$0
Funding fee$1,846$1,846$0
Note rate3.000%3.000%7.400%
Blended rate3.000%4.744%7.640%
1st payment$1,804.12$1,804.12$3,925.79
2nd payment$0.00$1,318.74$0.00
Taxes / mo$353.59$353.59$353.59
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.40
HOA / mo$9.17$9.17$9.17
Total monthly$2,333.55$3,652.29$4,568.62
Cash to close$260,811$63,000$63,000