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$333,743$333,743$670,500
Remaining term (yrs)23.623.630.0
Secondary amount$0$336,757$0
Funding fee$1,669$1,669$0
Note rate3.130%3.130%7.400%
Blended rate3.130%5.450%7.640%
1st payment$1,661.18$1,661.18$4,642.41
2nd payment$0.00$2,174.89$0.00
Taxes / mo$181.08$181.08$181.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.10
HOA / mo$107.33$107.33$107.33
Total monthly$2,166.26$4,341.15$5,281.59
Cash to close$411,257$74,500$74,500