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$312,831$312,831$557,955
Remaining term (yrs)23.223.230.0
Secondary amount$0$245,124$0
Funding fee$1,564$1,564$0
Note rate3.780%3.780%7.320%
Blended rate3.780%5.524%7.560%
1st payment$1,683.12$1,683.12$3,832.76
2nd payment$0.00$1,583.09$0.00
Taxes / mo$516.63$516.63$516.63
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$111.59
HOA / mo$0.00$0.00$0.00
Total monthly$2,366.41$3,949.50$4,627.65
Cash to close$307,119$61,995$61,995