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$375,520$375,520$756,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$380,480$0
Funding fee$1,878$1,878$0
Note rate3.030%3.030%7.400%
Blended rate3.030%5.405%7.640%
1st payment$1,840.87$1,840.87$5,234.39
2nd payment$0.00$2,457.27$0.00
Taxes / mo$497.33$497.33$497.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$151.20
HOA / mo$220.00$220.00$220.00
Total monthly$2,774.87$5,232.14$6,319.59
Cash to close$464,480$84,000$84,000