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$384,576$384,576$418,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$33,924$0
Funding fee$1,923$1,923$0
Note rate3.060%3.060%7.400%
Blended rate3.060%3.542%7.640%
1st payment$1,848.08$1,848.08$2,897.61
2nd payment$0.00$254.43$0.00
Taxes / mo$288.83$288.83$288.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,303.58$2,558.02$3,436.81
Cash to close$80,424$46,500$46,500