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$373,981$373,981$549,000
Remaining term (yrs)23.223.230.0
Secondary amount$0$175,019$0
Funding fee$1,870$1,870$0
Note rate3.660%3.660%7.400%
Blended rate3.660%5.044%7.640%
1st payment$1,988.09$1,988.09$3,801.17
2nd payment$0.00$1,166.79$0.00
Taxes / mo$508.33$508.33$508.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$109.80
HOA / mo$550.00$550.00$550.00
Total monthly$3,213.09$4,379.88$5,135.97
Cash to close$236,019$61,000$61,000