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$398,817$398,817$539,100
Remaining term (yrs)25.125.130.0
Secondary amount$0$140,283$0
Funding fee$1,994$1,994$0
Note rate3.050%3.050%7.320%
Blended rate3.050%4.338%7.560%
1st payment$1,889.07$1,889.07$3,703.24
2nd payment$0.00$935.22$0.00
Taxes / mo$499.17$499.17$499.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,554.90$3,490.12$4,476.90
Cash to close$200,183$59,900$59,900