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$380,268$380,268$584,955
Remaining term (yrs)23.723.730.0
Secondary amount$0$204,687$0
Funding fee$1,901$1,901$0
Note rate3.310%3.310%7.320%
Blended rate3.310%4.864%7.560%
1st payment$1,924.06$1,924.06$4,018.24
2nd payment$0.00$1,321.93$0.00
Taxes / mo$260.50$260.50$260.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.99
HOA / mo$20.00$20.00$20.00
Total monthly$2,371.22$3,693.16$4,582.39
Cash to close$269,682$64,995$64,995