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$380,435$380,435$583,650
Remaining term (yrs)23.723.730.0
Secondary amount$0$203,215$0
Funding fee$1,902$1,902$0
Note rate3.330%3.330%7.320%
Blended rate3.330%4.869%7.560%
1st payment$1,928.89$1,928.89$4,009.27
2nd payment$0.00$1,312.43$0.00
Taxes / mo$260.50$260.50$260.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.73
HOA / mo$20.00$20.00$20.00
Total monthly$2,376.06$3,688.49$4,573.17
Cash to close$268,065$64,850$64,850