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$341,639$341,639$1,282,500
Remaining term (yrs)23.123.130.0
Secondary amount$0$940,861$0
Funding fee$1,708$1,708$0
Note rate3.780%3.780%7.400%
Blended rate3.780%6.692%7.640%
1st payment$1,842.22$1,842.22$8,879.77
2nd payment$0.00$6,076.39$0.00
Taxes / mo$1,187.50$1,187.50$1,187.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$256.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,246.39$9,322.78$10,540.44
Cash to close$1,083,361$142,500$142,500