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$299,631$299,631$665,910
Remaining term (yrs)19.919.930.0
Secondary amount$0$366,279$0
Funding fee$1,498$1,498$0
Note rate3.410%3.410%7.320%
Blended rate3.410%5.797%7.560%
1st payment$1,723.91$1,723.91$4,574.34
2nd payment$0.00$2,365.55$0.00
Taxes / mo$681.67$681.67$681.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,622.24$4,987.80$5,605.86
Cash to close$440,269$73,990$73,990