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$349,356$349,356$1,305,000
Remaining term (yrs)20.820.830.0
Secondary amount$0$955,644$0
Funding fee$1,747$1,747$0
Note rate4.080%4.080%7.400%
Blended rate4.080%6.768%7.640%
1st payment$2,071.46$2,071.46$9,035.56
2nd payment$0.00$6,171.86$0.00
Taxes / mo$334.92$334.92$334.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$261.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,623.04$8,794.90$9,848.14
Cash to close$1,100,644$145,000$145,000