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$314,603$314,603$717,300
Remaining term (yrs)19.719.730.0
Secondary amount$0$402,697$0
Funding fee$1,573$1,573$0
Note rate3.600%3.600%7.400%
Blended rate3.600%5.930%7.640%
1st payment$1,851.35$1,851.35$4,966.44
2nd payment$0.00$2,600.75$0.00
Taxes / mo$664.17$664.17$664.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.46
HOA / mo$420.00$420.00$420.00
Total monthly$3,152.19$5,752.94$6,410.73
Cash to close$482,397$79,700$79,700