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$306,365$306,365$675,000
Remaining term (yrs)19.819.830.0
Secondary amount$0$368,635$0
Funding fee$1,532$1,532$0
Note rate3.570%3.570%7.400%
Blended rate3.570%5.853%7.640%
1st payment$1,792.96$1,792.96$4,673.56
2nd payment$0.00$2,380.77$0.00
Taxes / mo$625.00$625.00$625.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,634.63$5,015.40$5,650.23
Cash to close$443,635$75,000$75,000