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$343,097$343,097$742,500
Remaining term (yrs)25.925.930.0
Secondary amount$0$399,403$0
Funding fee$1,715$1,715$0
Note rate5.220%5.220%7.320%
Blended rate5.220%6.581%7.560%
1st payment$2,008.77$2,008.77$5,100.46
2nd payment$0.00$2,579.48$0.00
Taxes / mo$257.92$257.92$257.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$235.00$235.00$235.00
Total monthly$2,718.35$5,297.83$5,958.54
Cash to close$481,903$82,500$82,500