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$391,247$391,247$539,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$148,663$0
Funding fee$1,956$1,956$0
Note rate3.030%3.030%7.320%
Blended rate3.030%4.398%7.560%
1st payment$1,908.93$1,908.93$3,708.81
2nd payment$0.00$991.08$0.00
Taxes / mo$498.08$498.08$498.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$20.83$20.83$20.83
Total monthly$2,594.51$3,585.59$4,502.37
Cash to close$208,653$59,990$59,990