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$404,327$404,327$449,999
Remaining term (yrs)25.225.230.0
Secondary amount$0$45,672$0
Funding fee$2,022$2,022$0
Note rate3.100%3.100%7.400%
Blended rate3.100%3.699%7.640%
1st payment$1,921.57$1,921.57$3,115.70
2nd payment$0.00$342.54$0.00
Taxes / mo$230.42$230.42$230.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,318.66$2,661.20$3,602.79
Cash to close$95,672$50,000$50,000