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$328,216$328,216$596,250
Remaining term (yrs)23.423.430.0
Secondary amount$0$268,034$0
Funding fee$1,641$1,641$0
Note rate3.600%3.600%7.400%
Blended rate3.600%5.466%7.640%
1st payment$1,726.46$1,726.46$4,128.31
2nd payment$0.00$1,731.05$0.00
Taxes / mo$591.00$591.00$591.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$119.25
HOA / mo$100.00$100.00$100.00
Total monthly$2,584.13$4,315.18$5,105.23
Cash to close$334,284$66,250$66,250