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$329,324$329,324$603,000
Remaining term (yrs)21.421.430.0
Secondary amount$0$273,676$0
Funding fee$1,647$1,647$0
Note rate3.950%3.950%7.400%
Blended rate3.950%5.675%7.640%
1st payment$1,896.25$1,896.25$4,175.05
2nd payment$0.00$1,767.49$0.00
Taxes / mo$267.99$267.99$267.99
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$120.60
HOA / mo$233.00$233.00$233.00
Total monthly$2,563.91$4,331.40$4,963.31
Cash to close$340,676$67,000$67,000