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$367,222$367,222$503,910
Remaining term (yrs)23.723.730.0
Secondary amount$0$136,688$0
Funding fee$1,836$1,836$0
Note rate3.280%3.280%7.400%
Blended rate3.280%4.560%7.640%
1st payment$1,852.26$1,852.26$3,488.97
2nd payment$0.00$911.25$0.00
Taxes / mo$249.08$249.08$249.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$100.78
HOA / mo$0.00$0.00$0.00
Total monthly$2,268.01$3,179.27$4,005.50
Cash to close$192,678$55,990$55,990