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$284,309$284,309$413,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$128,791$0
Funding fee$1,422$1,422$0
Note rate3.030%3.030%7.400%
Blended rate3.030%4.579%7.640%
1st payment$1,390.44$1,390.44$2,860.22
2nd payment$0.00$858.61$0.00
Taxes / mo$267.33$267.33$267.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,824.44$2,683.05$3,376.84
Cash to close$174,691$45,900$45,900