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$301,104$301,104$607,410
Remaining term (yrs)22.422.430.0
Secondary amount$0$306,306$0
Funding fee$1,506$1,506$0
Note rate4.370%4.370%7.400%
Blended rate4.370%6.074%7.640%
1st payment$1,749.96$1,749.96$4,205.58
2nd payment$0.00$1,978.23$0.00
Taxes / mo$383.17$383.17$383.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.48
HOA / mo$0.00$0.00$0.00
Total monthly$2,299.79$4,278.02$4,876.90
Cash to close$373,796$67,490$67,490