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$293,461$293,461$539,100
Remaining term (yrs)23.023.030.0
Secondary amount$0$245,639$0
Funding fee$1,467$1,467$0
Note rate3.730%3.730%7.320%
Blended rate3.730%5.562%7.560%
1st payment$1,578.13$1,578.13$3,703.24
2nd payment$0.00$1,586.42$0.00
Taxes / mo$90.08$90.08$90.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$10.42$10.42$10.42
Total monthly$1,845.30$3,431.71$4,078.23
Cash to close$305,539$59,900$59,900