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$333,724$333,724$764,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$431,186$0
Funding fee$1,669$1,669$0
Note rate3.450%3.450%7.400%
Blended rate3.450%5.874%7.640%
1st payment$1,641.25$1,641.25$5,296.08
2nd payment$0.00$2,784.74$0.00
Taxes / mo$708.25$708.25$708.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,566.17$5,350.91$6,373.98
Cash to close$516,176$84,990$84,990