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$316,126$316,126$485,910
Remaining term (yrs)22.822.830.0
Secondary amount$0$169,784$0
Funding fee$1,581$1,581$0
Note rate3.800%3.800%7.320%
Blended rate3.800%5.268%7.560%
1st payment$1,723.53$1,723.53$3,337.86
2nd payment$0.00$1,131.89$0.00
Taxes / mo$452.67$452.67$452.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,342.87$3,474.76$4,054.38
Cash to close$223,774$53,990$53,990