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$300,178$300,178$459,000
Remaining term (yrs)22.922.930.0
Secondary amount$0$158,822$0
Funding fee$1,501$1,501$0
Note rate3.620%3.620%7.400%
Blended rate3.620%5.136%7.640%
1st payment$1,600.32$1,600.32$3,178.02
2nd payment$0.00$1,058.81$0.00
Taxes / mo$725.00$725.00$725.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.80
HOA / mo$273.33$273.33$273.33
Total monthly$2,765.32$3,824.13$4,434.82
Cash to close$209,822$51,000$51,000