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$389,256$389,256$494,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$105,654$0
Funding fee$1,946$1,946$0
Note rate3.090%3.090%7.400%
Blended rate3.090%4.138%7.640%
1st payment$1,847.91$1,847.91$3,426.66
2nd payment$0.00$704.36$0.00
Taxes / mo$17.42$17.42$17.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,031.99$2,736.35$3,709.72
Cash to close$160,644$54,990$54,990