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$369,043$369,043$449,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$80,867$0
Funding fee$1,845$1,845$0
Note rate3.100%3.100%7.400%
Blended rate3.100%4.160%7.640%
1st payment$1,750.10$1,750.10$3,115.09
2nd payment$0.00$606.50$0.00
Taxes / mo$227.75$227.75$227.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,144.52$2,751.02$3,599.48
Cash to close$130,857$49,990$49,990