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$409,610$409,610$539,910
Remaining term (yrs)23.423.430.0
Secondary amount$0$130,300$0
Funding fee$2,048$2,048$0
Note rate3.450%3.450%7.320%
Blended rate3.450%4.548%7.560%
1st payment$2,122.02$2,122.02$3,708.81
2nd payment$0.00$868.66$0.00
Taxes / mo$389.83$389.83$389.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$95.33$95.33$95.33
Total monthly$2,773.85$3,642.51$4,468.62
Cash to close$190,290$59,990$59,990