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$344,691$344,691$544,500
Remaining term (yrs)23.823.830.0
Secondary amount$0$199,809$0
Funding fee$1,723$1,723$0
Note rate3.070%3.070%7.320%
Blended rate3.070%4.879%7.560%
1st payment$1,696.88$1,696.88$3,740.34
2nd payment$0.00$1,332.06$0.00
Taxes / mo$472.67$472.67$472.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.90
HOA / mo$58.33$58.33$58.33
Total monthly$2,394.54$3,726.60$4,546.90
Cash to close$260,309$60,500$60,500