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$395,678$395,678$459,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$63,322$0
Funding fee$1,978$1,978$0
Note rate3.050%3.050%7.400%
Blended rate3.050%3.871%7.640%
1st payment$1,866.04$1,866.04$3,178.02
2nd payment$0.00$474.91$0.00
Taxes / mo$148.42$148.42$148.42
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$2,181.12$2,656.04$3,584.91
Cash to close$114,322$51,000$51,000