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$283,907$283,907$472,410
Remaining term (yrs)22.922.930.0
Secondary amount$0$188,503$0
Funding fee$1,420$1,420$0
Note rate3.770%3.770%7.400%
Blended rate3.770%5.458%7.640%
1st payment$1,539.80$1,539.80$3,270.87
2nd payment$0.00$1,256.68$0.00
Taxes / mo$819.08$819.08$819.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.48
HOA / mo$0.00$0.00$0.00
Total monthly$2,525.55$3,782.23$4,351.10
Cash to close$240,993$52,490$52,490