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$364,681$364,681$422,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$58,229$0
Funding fee$1,823$1,823$0
Note rate3.100%3.100%7.320%
Blended rate3.100%3.912%7.560%
1st payment$1,729.42$1,729.42$2,905.10
2nd payment$0.00$436.72$0.00
Taxes / mo$321.42$321.42$321.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,217.50$2,654.21$3,477.76
Cash to close$105,219$46,990$46,990