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$329,402$329,402$611,100
Remaining term (yrs)14.914.930.0
Secondary amount$0$281,698$0
Funding fee$1,647$1,647$0
Note rate3.020%3.020%7.320%
Blended rate3.020%5.200%7.560%
1st payment$2,277.96$2,277.96$4,197.83
2nd payment$0.00$1,819.30$0.00
Taxes / mo$565.83$565.83$565.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$122.22
HOA / mo$600.00$600.00$600.00
Total monthly$3,610.46$5,429.76$5,652.55
Cash to close$349,598$67,900$67,900