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$387,954$387,954$647,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$259,146$0
Funding fee$1,940$1,940$0
Note rate3.000%3.000%7.400%
Blended rate3.000%4.902%7.640%
1st payment$1,848.02$1,848.02$4,480.39
2nd payment$0.00$1,673.65$0.00
Taxes / mo$599.17$599.17$599.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$129.42
HOA / mo$0.00$0.00$0.00
Total monthly$2,663.85$4,337.50$5,425.64
Cash to close$331,046$71,900$71,900