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$399,146$399,146$755,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$356,764$0
Funding fee$1,996$1,996$0
Note rate3.010%3.010%7.400%
Blended rate3.010%5.247%7.640%
1st payment$1,947.94$1,947.94$5,233.77
2nd payment$0.00$2,304.10$0.00
Taxes / mo$528.25$528.25$528.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$151.18
HOA / mo$19.67$19.67$19.67
Total monthly$2,712.53$5,016.62$6,149.54
Cash to close$440,754$83,990$83,990