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$332,443$332,443$746,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$414,467$0
Funding fee$1,662$1,662$0
Note rate3.070%3.070%7.400%
Blended rate3.070%5.667%7.640%
1st payment$1,578.15$1,578.15$5,171.45
2nd payment$0.00$2,676.77$0.00
Taxes / mo$289.66$289.66$289.66
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$149.38
HOA / mo$66.67$66.67$66.67
Total monthly$2,151.15$4,827.91$5,893.83
Cash to close$497,457$82,990$82,990