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$326,102$326,102$459,000
Remaining term (yrs)23.423.430.0
Secondary amount$0$132,898$0
Funding fee$1,631$1,631$0
Note rate3.400%3.400%7.320%
Blended rate3.400%4.732%7.560%
1st payment$1,680.79$1,680.79$3,153.01
2nd payment$0.00$885.99$0.00
Taxes / mo$425.00$425.00$425.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,272.46$3,158.45$3,836.48
Cash to close$183,898$51,000$51,000