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$399,804$399,804$692,910
Remaining term (yrs)25.025.030.0
Secondary amount$0$293,106$0
Funding fee$1,999$1,999$0
Note rate3.010%3.010%7.400%
Blended rate3.010%5.015%7.640%
1st payment$1,889.57$1,889.57$4,797.57
2nd payment$0.00$1,892.98$0.00
Taxes / mo$166.58$166.58$166.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$138.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,272.82$4,165.79$5,319.40
Cash to close$370,096$76,990$76,990