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$348,463$348,463$697,500
Remaining term (yrs)23.623.630.0
Secondary amount$0$349,037$0
Funding fee$1,742$1,742$0
Note rate3.360%3.360%7.320%
Blended rate3.360%5.557%7.560%
1st payment$1,776.35$1,776.35$4,791.34
2nd payment$0.00$2,254.20$0.00
Taxes / mo$645.83$645.83$645.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$139.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,638.85$4,893.05$5,793.34
Cash to close$426,537$77,500$77,500