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$349,296$349,296$809,100
Remaining term (yrs)23.623.630.0
Secondary amount$0$459,804$0
Funding fee$1,746$1,746$0
Note rate3.450%3.450%7.320%
Blended rate3.450%5.894%7.560%
1st payment$1,797.19$1,797.19$5,557.96
2nd payment$0.00$2,969.57$0.00
Taxes / mo$305.67$305.67$305.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,319.53$5,289.09$6,242.11
Cash to close$549,704$89,900$89,900