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$322,990$322,990$629,100
Remaining term (yrs)19.719.730.0
Secondary amount$0$306,110$0
Funding fee$1,615$1,615$0
Note rate3.580%3.580%7.400%
Blended rate3.580%5.609%7.640%
1st payment$1,897.38$1,897.38$4,355.76
2nd payment$0.00$1,976.96$0.00
Taxes / mo$582.50$582.50$582.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,646.55$4,623.50$5,230.75
Cash to close$376,010$69,900$69,900