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$381,531$381,531$510,300
Remaining term (yrs)25.325.330.0
Secondary amount$0$128,769$0
Funding fee$1,908$1,908$0
Note rate3.560%3.560%7.320%
Blended rate3.560%4.680%7.560%
1st payment$1,902.80$1,902.80$3,505.41
2nd payment$0.00$858.46$0.00
Taxes / mo$87.92$87.92$87.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.06
HOA / mo$22.83$22.83$22.83
Total monthly$2,180.21$3,038.67$3,884.88
Cash to close$185,469$56,700$56,700