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$336,617$336,617$990,000
Remaining term (yrs)20.920.930.0
Secondary amount$0$653,383$0
Funding fee$1,683$1,683$0
Note rate3.940%3.940%7.320%
Blended rate3.940%6.455%7.560%
1st payment$1,960.82$1,960.82$6,800.61
2nd payment$0.00$4,219.77$0.00
Taxes / mo$615.67$615.67$615.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$198.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,793.15$7,012.92$7,830.95
Cash to close$763,383$110,000$110,000