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$386,299$386,299$503,955
Remaining term (yrs)25.425.430.0
Secondary amount$0$117,656$0
Funding fee$1,931$1,931$0
Note rate3.560%3.560%7.320%
Blended rate3.560%4.597%7.560%
1st payment$1,922.70$1,922.70$3,461.82
2nd payment$0.00$784.37$0.00
Taxes / mo$252.08$252.08$252.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$100.79
HOA / mo$30.00$30.00$30.00
Total monthly$2,371.45$3,155.83$4,011.36
Cash to close$173,651$55,995$55,995