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$351,244$351,244$854,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$502,856$0
Funding fee$1,756$1,756$0
Note rate3.020%3.020%7.320%
Blended rate3.020%5.805%7.560%
1st payment$1,711.93$1,711.93$5,867.07
2nd payment$0.00$3,247.61$0.00
Taxes / mo$706.17$706.17$706.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$170.82
HOA / mo$229.17$229.17$229.17
Total monthly$2,863.93$6,111.55$7,189.90
Cash to close$597,756$94,900$94,900