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$356,304$356,304$449,999
Remaining term (yrs)25.325.330.0
Secondary amount$0$93,695$0
Funding fee$1,782$1,782$0
Note rate3.560%3.560%7.320%
Blended rate3.560%4.693%7.560%
1st payment$1,773.41$1,773.41$3,091.18
2nd payment$0.00$702.71$0.00
Taxes / mo$381.67$381.67$381.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,321.74$3,024.46$3,729.51
Cash to close$143,695$50,000$50,000