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$347,833$347,833$593,100
Remaining term (yrs)23.323.330.0
Secondary amount$0$245,267$0
Funding fee$1,739$1,739$0
Note rate3.730%3.730%7.400%
Blended rate3.730%5.392%7.640%
1st payment$1,857.95$1,857.95$4,106.50
2nd payment$0.00$1,584.02$0.00
Taxes / mo$549.17$549.17$549.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$118.62
HOA / mo$0.00$0.00$0.00
Total monthly$2,573.78$4,157.80$4,940.96
Cash to close$311,167$65,900$65,900