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$317,171$317,171$473,400
Remaining term (yrs)25.425.430.0
Secondary amount$0$156,229$0
Funding fee$1,586$1,586$0
Note rate3.550%3.550%7.320%
Blended rate3.550%5.019%7.560%
1st payment$1,576.92$1,576.92$3,251.93
2nd payment$0.00$1,041.53$0.00
Taxes / mo$43.25$43.25$43.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,786.84$2,828.36$3,556.53
Cash to close$208,829$52,600$52,600