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$324,325$324,325$584,999
Remaining term (yrs)22.922.930.0
Secondary amount$0$260,674$0
Funding fee$1,622$1,622$0
Note rate3.560%3.560%7.320%
Blended rate3.560%5.427%7.560%
1st payment$1,718.73$1,718.73$4,018.54
2nd payment$0.00$1,683.52$0.00
Taxes / mo$447.75$447.75$447.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$238.00$238.00$238.00
Total monthly$2,571.15$4,254.67$4,987.95
Cash to close$325,674$65,000$65,000