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$366,191$366,191$990,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$623,809$0
Funding fee$1,831$1,831$0
Note rate3.020%3.020%7.320%
Blended rate3.020%6.000%7.560%
1st payment$1,784.78$1,784.78$6,800.61
2nd payment$0.00$4,028.77$0.00
Taxes / mo$915.67$915.67$915.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$198.00
HOA / mo$179.00$179.00$179.00
Total monthly$3,096.11$7,124.88$8,309.95
Cash to close$733,809$110,000$110,000