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$390,174$390,174$584,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$194,736$0
Funding fee$1,951$1,951$0
Note rate3.020%3.020%7.400%
Blended rate3.020%4.678%7.640%
1st payment$1,854.31$1,854.31$4,049.80
2nd payment$0.00$1,298.24$0.00
Taxes / mo$541.58$541.58$541.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.98
HOA / mo$329.00$329.00$329.00
Total monthly$2,891.56$4,189.80$5,204.03
Cash to close$259,726$64,990$64,990