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$369,625$369,625$495,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$125,375$0
Funding fee$1,848$1,848$0
Note rate3.230%3.230%7.400%
Blended rate3.230%4.438%7.640%
1st payment$1,859.03$1,859.03$3,427.28
2nd payment$0.00$835.84$0.00
Taxes / mo$270.42$270.42$270.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$137.33$137.33$137.33
Total monthly$2,433.44$3,269.28$4,100.69
Cash to close$180,375$55,000$55,000