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$411,365$411,365$539,955
Remaining term (yrs)23.823.830.0
Secondary amount$0$128,590$0
Funding fee$2,057$2,057$0
Note rate3.210%3.210%7.400%
Blended rate3.210%4.351%7.640%
1st payment$2,055.07$2,055.07$3,738.54
2nd payment$0.00$857.27$0.00
Taxes / mo$499.96$499.96$499.96
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.99
HOA / mo$480.00$480.00$480.00
Total monthly$3,201.70$4,058.96$4,993.16
Cash to close$188,585$59,995$59,995