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$286,876$286,876$832,410
Remaining term (yrs)22.922.930.0
Secondary amount$0$545,534$0
Funding fee$1,434$1,434$0
Note rate3.600%3.600%7.400%
Blended rate3.600%6.320%7.640%
1st payment$1,526.36$1,526.36$5,763.44
2nd payment$0.00$3,523.24$0.00
Taxes / mo$645.17$645.17$645.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$166.48
HOA / mo$0.00$0.00$0.00
Total monthly$2,388.19$5,911.43$6,791.75
Cash to close$638,024$92,490$92,490