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$324,747$324,747$566,100
Remaining term (yrs)25.125.130.0
Secondary amount$0$241,353$0
Funding fee$1,624$1,624$0
Note rate3.070%3.070%7.400%
Blended rate3.070%5.065%7.640%
1st payment$1,541.62$1,541.62$3,919.56
2nd payment$0.00$1,558.74$0.00
Taxes / mo$541.00$541.00$541.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.22
HOA / mo$83.00$83.00$83.00
Total monthly$2,332.29$3,891.02$4,823.45
Cash to close$304,253$62,900$62,900