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$392,715$392,715$529,200
Remaining term (yrs)25.225.230.0
Secondary amount$0$136,485$0
Funding fee$1,964$1,964$0
Note rate3.070%3.070%7.400%
Blended rate3.070%4.341%7.640%
1st payment$1,860.21$1,860.21$3,664.07
2nd payment$0.00$909.90$0.00
Taxes / mo$543.74$543.74$543.74
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.84
HOA / mo$99.33$99.33$99.33
Total monthly$2,669.95$3,579.85$4,579.65
Cash to close$195,285$58,800$58,800