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$343,611$343,611$782,999
Remaining term (yrs)23.423.430.0
Secondary amount$0$439,388$0
Funding fee$1,718$1,718$0
Note rate3.450%3.450%7.320%
Blended rate3.450%5.863%7.560%
1st payment$1,776.02$1,776.02$5,378.66
2nd payment$0.00$2,837.71$0.00
Taxes / mo$529.33$529.33$529.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$156.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,522.02$5,359.73$6,281.26
Cash to close$526,388$87,000$87,000