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$353,159$353,159$1,044,900
Remaining term (yrs)16.216.230.0
Secondary amount$0$691,741$0
Funding fee$1,766$1,766$0
Note rate3.550%3.550%7.400%
Blended rate3.550%6.330%7.640%
1st payment$2,377.01$2,377.01$7,234.68
2nd payment$0.00$4,467.49$0.00
Taxes / mo$967.50$967.50$967.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$208.98
HOA / mo$150.00$150.00$150.00
Total monthly$3,711.17$8,178.67$8,777.82
Cash to close$807,841$116,100$116,100