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$370,605$370,605$760,500
Remaining term (yrs)18.918.930.0
Secondary amount$0$389,895$0
Funding fee$1,853$1,853$0
Note rate4.090%4.090%7.400%
Blended rate4.090%5.966%7.640%
1st payment$2,340.65$2,340.65$5,265.55
2nd payment$0.00$2,518.07$0.00
Taxes / mo$704.17$704.17$704.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.10
HOA / mo$280.00$280.00$280.00
Total monthly$3,541.48$6,059.56$6,618.48
Cash to close$474,395$84,500$84,500