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$410,709$410,709$521,910
Remaining term (yrs)23.823.830.0
Secondary amount$0$111,201$0
Funding fee$2,054$2,054$0
Note rate3.130%3.130%7.400%
Blended rate3.130%4.168%7.640%
1st payment$2,034.67$2,034.67$3,613.60
2nd payment$0.00$741.34$0.00
Taxes / mo$370.25$370.25$370.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.38
HOA / mo$9.58$9.58$9.58
Total monthly$2,581.17$3,322.50$4,264.48
Cash to close$169,191$57,990$57,990