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$357,668$357,668$485,910
Remaining term (yrs)23.123.130.0
Secondary amount$0$128,242$0
Funding fee$1,788$1,788$0
Note rate3.780%3.780%7.400%
Blended rate3.780%4.894%7.640%
1st payment$1,928.66$1,928.66$3,364.34
2nd payment$0.00$854.94$0.00
Taxes / mo$234.08$234.08$234.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,329.41$3,184.35$3,862.27
Cash to close$182,232$53,990$53,990