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$376,849$376,849$517,500
Remaining term (yrs)23.823.830.0
Secondary amount$0$140,651$0
Funding fee$1,884$1,884$0
Note rate3.210%3.210%7.400%
Blended rate3.210%4.512%7.640%
1st payment$1,882.64$1,882.64$3,583.07
2nd payment$0.00$937.68$0.00
Taxes / mo$479.17$479.17$479.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$442.00$442.00$442.00
Total monthly$2,970.47$3,908.15$4,774.40
Cash to close$198,151$57,500$57,500