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$346,693$346,693$517,500
Remaining term (yrs)23.423.430.0
Secondary amount$0$170,807$0
Funding fee$1,733$1,733$0
Note rate3.450%3.450%7.400%
Blended rate3.450%4.952%7.640%
1st payment$1,791.95$1,791.95$3,583.07
2nd payment$0.00$1,138.71$0.00
Taxes / mo$479.17$479.17$479.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$145.00$145.00$145.00
Total monthly$2,582.78$3,721.49$4,477.40
Cash to close$228,307$57,500$57,500