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$300,903$300,903$674,100
Remaining term (yrs)23.623.630.0
Secondary amount$0$373,197$0
Funding fee$1,505$1,505$0
Note rate3.310%3.310%7.400%
Blended rate3.310%5.768%7.640%
1st payment$1,526.00$1,526.00$4,667.33
2nd payment$0.00$2,410.23$0.00
Taxes / mo$411.75$411.75$411.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.82
HOA / mo$114.33$114.33$114.33
Total monthly$2,268.75$4,678.98$5,544.90
Cash to close$448,097$74,900$74,900