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$343,276$343,276$540,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$196,724$0
Funding fee$1,716$1,716$0
Note rate3.010%3.010%7.400%
Blended rate3.010%4.828%7.640%
1st payment$1,675.28$1,675.28$3,738.85
2nd payment$0.00$1,311.49$0.00
Taxes / mo$90.17$90.17$90.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$15.83$15.83$15.83
Total monthly$1,947.94$3,259.43$4,119.51
Cash to close$256,724$60,000$60,000