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$336,576$336,576$648,000
Remaining term (yrs)23.423.430.0
Secondary amount$0$311,424$0
Funding fee$1,683$1,683$0
Note rate3.620%3.620%7.400%
Blended rate3.620%5.605%7.640%
1st payment$1,774.02$1,774.02$4,486.62
2nd payment$0.00$2,011.28$0.00
Taxes / mo$600.00$600.00$600.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$129.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,590.69$4,601.97$5,432.89
Cash to close$383,424$72,000$72,000