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$374,023$374,023$629,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$255,077$0
Funding fee$1,870$1,870$0
Note rate3.170%3.170%7.320%
Blended rate3.170%5.027%7.560%
1st payment$1,818.89$1,818.89$4,321.48
2nd payment$0.00$1,647.37$0.00
Taxes / mo$209.50$209.50$209.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.82
HOA / mo$82.00$82.00$82.00
Total monthly$2,277.05$3,924.42$4,905.47
Cash to close$324,977$69,900$69,900