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$330,862$330,862$693,000
Remaining term (yrs)22.422.430.0
Secondary amount$0$362,138$0
Funding fee$1,654$1,654$0
Note rate4.410%4.410%7.320%
Blended rate4.410%6.155%7.560%
1st payment$1,930.20$1,930.20$4,760.43
2nd payment$0.00$2,338.80$0.00
Taxes / mo$530.25$530.25$530.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$138.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,677.12$5,015.93$5,645.95
Cash to close$439,138$77,000$77,000