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$402,301$402,301$695,700
Remaining term (yrs)25.325.330.0
Secondary amount$0$293,399$0
Funding fee$2,012$2,012$0
Note rate3.070%3.070%7.320%
Blended rate3.070%5.044%7.560%
1st payment$1,901.49$1,901.49$4,778.98
2nd payment$0.00$1,894.87$0.00
Taxes / mo$150.40$150.40$150.40
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$139.14
HOA / mo$0.00$0.00$0.00
Total monthly$2,268.55$4,163.42$5,285.18
Cash to close$370,699$77,300$77,300