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$382,935$382,935$463,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$80,565$0
Funding fee$1,915$1,915$0
Note rate3.090%3.090%7.320%
Blended rate3.090%4.117%7.560%
1st payment$1,821.86$1,821.86$3,183.92
2nd payment$0.00$604.24$0.00
Taxes / mo$132.00$132.00$132.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.70
HOA / mo$41.67$41.67$41.67
Total monthly$2,162.19$2,766.43$3,616.96
Cash to close$132,065$51,500$51,500