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$360,846$360,846$629,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$268,254$0
Funding fee$1,804$1,804$0
Note rate3.020%3.020%7.400%
Blended rate3.020%5.037%7.640%
1st payment$1,762.89$1,762.89$4,355.76
2nd payment$0.00$1,732.48$0.00
Taxes / mo$582.50$582.50$582.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.82
HOA / mo$205.00$205.00$205.00
Total monthly$2,717.05$4,449.53$5,435.75
Cash to close$338,154$69,900$69,900