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$388,622$388,622$674,999
Remaining term (yrs)23.723.730.0
Secondary amount$0$286,377$0
Funding fee$1,943$1,943$0
Note rate3.150%3.150%7.400%
Blended rate3.150%5.102%7.640%
1st payment$1,933.82$1,933.82$4,673.56
2nd payment$0.00$1,849.52$0.00
Taxes / mo$625.00$625.00$625.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$81.00$81.00$81.00
Total monthly$2,856.48$4,706.00$5,731.22
Cash to close$361,377$75,000$75,000