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$312,719$312,719$575,910
Remaining term (yrs)23.623.630.0
Secondary amount$0$263,191$0
Funding fee$1,564$1,564$0
Note rate3.330%3.330%7.400%
Blended rate3.330%5.350%7.640%
1st payment$1,589.21$1,589.21$3,987.48
2nd payment$0.00$1,699.77$0.00
Taxes / mo$280.25$280.25$280.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.18
HOA / mo$160.00$160.00$160.00
Total monthly$2,196.13$3,895.90$4,709.58
Cash to close$327,181$63,990$63,990