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$335,746$335,746$675,000
Remaining term (yrs)24.624.630.0
Secondary amount$0$339,254$0
Funding fee$1,679$1,679$0
Note rate3.080%3.080%7.400%
Blended rate3.080%5.427%7.640%
1st payment$1,616.93$1,616.93$4,673.56
2nd payment$0.00$2,191.02$0.00
Taxes / mo$181.12$181.12$181.12
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$107.33$107.33$107.33
Total monthly$2,122.05$4,313.07$5,313.68
Cash to close$414,254$75,000$75,000