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$369,496$369,496$585,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$215,504$0
Funding fee$1,847$1,847$0
Note rate3.760%3.760%7.400%
Blended rate3.760%5.230%7.640%
1st payment$1,875.60$1,875.60$4,050.42
2nd payment$0.00$1,391.80$0.00
Taxes / mo$320.67$320.67$320.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$106.00$106.00$106.00
Total monthly$2,468.93$3,860.73$4,760.76
Cash to close$280,504$65,000$65,000