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$364,771$364,771$535,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$170,729$0
Funding fee$1,824$1,824$0
Note rate3.100%3.100%7.400%
Blended rate3.100%4.662%7.640%
1st payment$1,729.84$1,729.84$3,707.69
2nd payment$0.00$1,138.19$0.00
Taxes / mo$402.75$402.75$402.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.10
HOA / mo$73.33$73.33$73.33
Total monthly$2,372.59$3,510.78$4,457.54
Cash to close$230,229$59,500$59,500