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$368,974$368,974$674,910
Remaining term (yrs)22.922.930.0
Secondary amount$0$305,936$0
Funding fee$1,845$1,845$0
Note rate3.580%3.580%7.320%
Blended rate3.580%5.470%7.560%
1st payment$1,959.26$1,959.26$4,636.16
2nd payment$0.00$1,975.83$0.00
Taxes / mo$624.92$624.92$624.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,800.84$4,776.67$5,612.73
Cash to close$380,926$74,990$74,990