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$366,351$366,351$719,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$352,749$0
Funding fee$1,832$1,832$0
Note rate5.540%5.540%7.320%
Blended rate5.540%6.624%7.560%
1st payment$2,218.47$2,218.47$4,939.72
2nd payment$0.00$2,278.17$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,100.97$5,379.14$5,966.04
Cash to close$432,649$79,900$79,900