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$312,972$312,972$428,310
Remaining term (yrs)25.825.830.0
Secondary amount$0$115,338$0
Funding fee$1,565$1,565$0
Note rate3.760%3.760%7.400%
Blended rate3.760%4.902%7.640%
1st payment$1,576.52$1,576.52$2,965.53
2nd payment$0.00$768.92$0.00
Taxes / mo$23.04$23.04$23.04
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.66
HOA / mo$0.00$0.00$0.00
Total monthly$1,766.23$2,535.15$3,240.90
Cash to close$162,928$47,590$47,590