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$404,461$404,461$629,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$225,449$0
Funding fee$2,022$2,022$0
Note rate3.130%3.130%7.320%
Blended rate3.130%4.784%7.560%
1st payment$1,999.04$1,999.04$4,327.04
2nd payment$0.00$1,456.02$0.00
Taxes / mo$252.42$252.42$252.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$16.67$16.67$16.67
Total monthly$2,434.79$3,890.82$4,888.78
Cash to close$295,439$69,990$69,990