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$335,617$335,617$729,000
Remaining term (yrs)20.120.130.0
Secondary amount$0$393,383$0
Funding fee$1,678$1,678$0
Note rate3.690%3.690%7.320%
Blended rate3.690%5.881%7.560%
1st payment$1,962.85$1,962.85$5,007.72
2nd payment$0.00$2,540.60$0.00
Taxes / mo$352.47$352.47$352.47
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$145.80
HOA / mo$45.83$45.83$45.83
Total monthly$2,577.82$5,118.42$5,768.50
Cash to close$474,383$81,000$81,000