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$300,776$300,776$764,910
Remaining term (yrs)19.919.930.0
Secondary amount$0$464,134$0
Funding fee$1,504$1,504$0
Note rate3.430%3.430%7.320%
Blended rate3.430%6.051%7.560%
1st payment$1,733.58$1,733.58$5,254.40
2nd payment$0.00$2,997.53$0.00
Taxes / mo$708.25$708.25$708.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,658.50$5,656.03$6,332.30
Cash to close$549,124$84,990$84,990