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$365,715$365,715$719,100
Remaining term (yrs)24.524.530.0
Secondary amount$0$353,385$0
Funding fee$1,829$1,829$0
Note rate3.090%3.090%7.320%
Blended rate3.090%5.380%7.560%
1st payment$1,767.14$1,767.14$4,939.72
2nd payment$0.00$2,282.28$0.00
Taxes / mo$371.75$371.75$371.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$110.00$110.00$110.00
Total monthly$2,465.56$4,747.84$5,781.95
Cash to close$433,285$79,900$79,900