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$371,324$371,324$629,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$257,776$0
Funding fee$1,857$1,857$0
Note rate3.050%3.050%7.320%
Blended rate3.050%4.976%7.560%
1st payment$1,790.57$1,790.57$4,321.48
2nd payment$0.00$1,664.80$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$606.00$606.00$606.00
Total monthly$3,145.74$4,810.54$5,802.47
Cash to close$327,676$69,900$69,900