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$369,527$369,527$738,000
Remaining term (yrs)23.123.130.0
Secondary amount$0$368,473$0
Funding fee$1,848$1,848$0
Note rate3.570%3.570%7.320%
Blended rate3.570%5.657%7.560%
1st payment$1,951.18$1,951.18$5,069.55
2nd payment$0.00$2,379.72$0.00
Taxes / mo$683.33$683.33$683.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$147.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,851.18$5,230.90$6,117.15
Cash to close$450,473$82,000$82,000