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$380,709$380,709$431,910
Remaining term (yrs)24.724.730.0
Secondary amount$0$51,201$0
Funding fee$1,904$1,904$0
Note rate3.060%3.060%7.320%
Blended rate3.060%3.764%7.560%
1st payment$1,825.40$1,825.40$2,966.92
2nd payment$0.00$384.01$0.00
Taxes / mo$240.25$240.25$240.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.38
HOA / mo$260.00$260.00$260.00
Total monthly$2,492.31$2,876.32$3,720.22
Cash to close$99,191$47,990$47,990