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$403,990$403,990$621,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$217,010$0
Funding fee$2,020$2,020$0
Note rate3.010%3.010%7.400%
Blended rate3.010%4.666%7.640%
1st payment$1,971.58$1,971.58$4,299.68
2nd payment$0.00$1,401.53$0.00
Taxes / mo$732.17$732.17$732.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$124.20
HOA / mo$206.00$206.00$206.00
Total monthly$3,076.41$4,477.93$5,528.71
Cash to close$286,010$69,000$69,000