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$324,664$324,664$594,000
Remaining term (yrs)23.023.030.0
Secondary amount$0$269,336$0
Funding fee$1,623$1,623$0
Note rate3.490%3.490%7.320%
Blended rate3.490%5.422%7.560%
1st payment$1,704.52$1,704.52$4,080.37
2nd payment$0.00$1,739.46$0.00
Taxes / mo$323.92$323.92$323.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$118.80
HOA / mo$7.08$7.08$7.08
Total monthly$2,202.18$3,941.64$4,696.83
Cash to close$335,336$66,000$66,000