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$384,429$384,429$495,000
Remaining term (yrs)24.624.630.0
Secondary amount$0$110,571$0
Funding fee$1,922$1,922$0
Note rate3.040%3.040%7.400%
Blended rate3.040%4.148%7.640%
1st payment$1,843.38$1,843.38$3,427.28
2nd payment$0.00$737.14$0.00
Taxes / mo$458.33$458.33$458.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$615.00$615.00$615.00
Total monthly$3,083.38$3,820.52$4,766.28
Cash to close$165,571$55,000$55,000