Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$337,340$337,340$521,999
Remaining term (yrs)0.60.630.0
Secondary amount$0$184,659$0
Funding fee$1,687$1,687$0
Note rate6.300%6.300%7.320%
Blended rate6.300%6.901%7.560%
1st payment$38,473.02$38,473.02$3,585.77
2nd payment$0.00$1,231.06$0.00
Taxes / mo$483.33$483.33$483.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.40
HOA / mo$0.00$0.00$0.00
Total monthly$39,123.01$40,354.07$4,340.17
Cash to close$242,659$58,000$58,000