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$339,730$339,730$539,100
Remaining term (yrs)23.223.230.0
Secondary amount$0$199,370$0
Funding fee$1,699$1,699$0
Note rate3.730%3.730%7.320%
Blended rate3.730%5.309%7.560%
1st payment$1,818.73$1,818.73$3,703.24
2nd payment$0.00$1,329.13$0.00
Taxes / mo$162.00$162.00$162.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$10.42$10.42$10.42
Total monthly$2,157.82$3,486.95$4,150.15
Cash to close$259,270$59,900$59,900