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$322,546$322,546$494,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$172,364$0
Funding fee$1,613$1,613$0
Note rate3.020%3.020%7.400%
Blended rate3.020%4.754%7.640%
1st payment$1,572.06$1,572.06$3,426.66
2nd payment$0.00$1,149.09$0.00
Taxes / mo$468.00$468.00$468.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.98
HOA / mo$83.33$83.33$83.33
Total monthly$2,290.06$3,439.15$4,243.64
Cash to close$227,354$54,990$54,990