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$317,748$317,748$449,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$132,162$0
Funding fee$1,589$1,589$0
Note rate3.020%3.020%7.320%
Blended rate3.020%4.483%7.560%
1st payment$1,552.33$1,552.33$3,090.57
2nd payment$0.00$881.08$0.00
Taxes / mo$449.39$449.39$449.39
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$30.67$30.67$30.67
Total monthly$2,199.06$3,080.14$3,827.28
Cash to close$182,152$49,990$49,990