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$361,475$361,475$558,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$196,525$0
Funding fee$1,807$1,807$0
Note rate3.450%3.450%7.320%
Blended rate3.450%5.052%7.560%
1st payment$1,785.03$1,785.03$3,833.07
2nd payment$0.00$1,310.16$0.00
Taxes / mo$558.17$558.17$558.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$111.60
HOA / mo$98.00$98.00$98.00
Total monthly$2,607.87$3,918.03$4,767.51
Cash to close$258,525$62,000$62,000