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$357,347$357,347$718,200
Remaining term (yrs)29.229.230.0
Secondary amount$0$360,853$0
Funding fee$1,787$1,787$0
Note rate6.500%6.500%7.400%
Blended rate6.500%7.128%7.640%
1st payment$2,275.44$2,275.44$4,972.67
2nd payment$0.00$2,330.51$0.00
Taxes / mo$673.49$673.49$673.49
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.64
HOA / mo$33.33$33.33$33.33
Total monthly$3,198.93$5,529.44$6,039.80
Cash to close$440,653$79,800$79,800