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$394,183$394,183$467,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$73,727$0
Funding fee$1,971$1,971$0
Note rate3.070%3.070%7.400%
Blended rate3.070%4.004%7.640%
1st payment$1,871.24$1,871.24$3,239.71
2nd payment$0.00$552.95$0.00
Taxes / mo$575.25$575.25$575.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.58
HOA / mo$41.67$41.67$41.67
Total monthly$2,654.83$3,207.78$4,116.88
Cash to close$125,717$51,990$51,990