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$314,791$314,791$719,910
Remaining term (yrs)18.718.730.0
Secondary amount$0$405,119$0
Funding fee$1,574$1,574$0
Note rate3.800%3.800%7.320%
Blended rate3.800%6.023%7.560%
1st payment$1,952.36$1,952.36$4,945.28
2nd payment$0.00$2,616.39$0.00
Taxes / mo$666.58$666.58$666.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.98
HOA / mo$476.00$476.00$476.00
Total monthly$3,311.61$5,928.00$6,448.51
Cash to close$485,109$79,990$79,990