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$405,331$405,331$495,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$89,669$0
Funding fee$2,027$2,027$0
Note rate3.250%3.250%7.320%
Blended rate3.250%4.292%7.560%
1st payment$1,983.84$1,983.84$3,400.31
2nd payment$0.00$672.52$0.00
Taxes / mo$649.25$649.25$649.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,799.76$3,472.28$4,315.22
Cash to close$144,669$55,000$55,000