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$328,841$328,841$647,100
Remaining term (yrs)21.321.330.0
Secondary amount$0$318,259$0
Funding fee$1,644$1,644$0
Note rate3.950%3.950%7.400%
Blended rate3.950%5.819%7.640%
1st payment$1,898.15$1,898.15$4,480.39
2nd payment$0.00$2,055.43$0.00
Taxes / mo$599.17$599.17$599.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$129.42
HOA / mo$0.00$0.00$0.00
Total monthly$2,713.98$4,769.41$5,425.64
Cash to close$390,159$71,900$71,900