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$396,738$396,738$562,500
Remaining term (yrs)18.718.730.0
Secondary amount$0$165,762$0
Funding fee$1,984$1,984$0
Note rate3.180%3.180%7.400%
Blended rate3.180%4.600%7.640%
1st payment$2,335.57$2,335.57$3,894.64
2nd payment$0.00$1,105.08$0.00
Taxes / mo$524.92$524.92$524.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$58.00$58.00$58.00
Total monthly$3,085.16$4,190.24$4,756.72
Cash to close$228,262$62,500$62,500