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$372,942$372,942$593,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$220,158$0
Funding fee$1,865$1,865$0
Note rate3.110%3.110%7.320%
Blended rate3.110%4.832%7.560%
1st payment$1,774.37$1,774.37$4,074.19
2nd payment$0.00$1,421.86$0.00
Taxes / mo$59.58$59.58$59.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$118.62
HOA / mo$25.00$25.00$25.00
Total monthly$2,025.62$3,447.48$4,444.06
Cash to close$286,058$65,900$65,900