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$369,132$369,132$1,080,000
Remaining term (yrs)23.123.130.0
Secondary amount$0$710,868$0
Funding fee$1,846$1,846$0
Note rate3.600%3.600%7.320%
Blended rate3.600%6.332%7.560%
1st payment$1,954.98$1,954.98$7,418.85
2nd payment$0.00$4,591.03$0.00
Taxes / mo$427.75$427.75$427.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$216.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,599.39$7,190.42$8,279.27
Cash to close$830,868$120,000$120,000