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$372,120$372,120$656,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$283,980$0
Funding fee$1,861$1,861$0
Note rate3.160%3.160%7.320%
Blended rate3.160%5.147%7.560%
1st payment$1,845.01$1,845.01$4,506.95
2nd payment$0.00$1,834.04$0.00
Taxes / mo$375.33$375.33$375.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$131.22
HOA / mo$77.67$77.67$77.67
Total monthly$2,514.68$4,348.72$5,307.84
Cash to close$356,880$72,900$72,900