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$325,871$325,871$719,100
Remaining term (yrs)23.723.730.0
Secondary amount$0$393,229$0
Funding fee$1,629$1,629$0
Note rate3.150%3.150%7.400%
Blended rate3.150%5.665%7.640%
1st payment$1,621.56$1,621.56$4,978.90
2nd payment$0.00$2,539.61$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$685.00$685.00$685.00
Total monthly$3,189.06$5,728.67$6,690.22
Cash to close$473,129$79,900$79,900