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$344,272$344,272$571,500
Remaining term (yrs)23.623.630.0
Secondary amount$0$227,228$0
Funding fee$1,721$1,721$0
Note rate3.330%3.330%7.400%
Blended rate3.330%5.087%7.640%
1st payment$1,749.56$1,749.56$3,956.95
2nd payment$0.00$1,467.52$0.00
Taxes / mo$529.17$529.17$529.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$114.30
HOA / mo$340.00$340.00$340.00
Total monthly$2,785.39$4,252.90$5,107.08
Cash to close$290,728$63,500$63,500