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$336,238$336,238$490,500
Remaining term (yrs)23.023.030.0
Secondary amount$0$154,262$0
Funding fee$1,681$1,681$0
Note rate3.610%3.610%7.400%
Blended rate3.610%4.991%7.640%
1st payment$1,786.65$1,786.65$3,396.12
2nd payment$0.00$1,028.41$0.00
Taxes / mo$370.75$370.75$370.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.10
HOA / mo$75.00$75.00$75.00
Total monthly$2,399.07$3,427.48$4,106.64
Cash to close$208,762$54,500$54,500