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$326,948$326,948$872,100
Remaining term (yrs)14.314.330.0
Secondary amount$0$545,152$0
Funding fee$1,635$1,635$0
Note rate3.950%3.950%7.320%
Blended rate3.950%6.325%7.560%
1st payment$2,481.80$2,481.80$5,990.72
2nd payment$0.00$3,520.78$0.00
Taxes / mo$807.50$807.50$807.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$174.42
HOA / mo$0.00$0.00$0.00
Total monthly$3,505.96$7,026.74$7,189.31
Cash to close$642,052$96,900$96,900