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$387,511$387,511$747,000
Remaining term (yrs)23.523.530.0
Secondary amount$0$359,489$0
Funding fee$1,938$1,938$0
Note rate3.330%3.330%7.400%
Blended rate3.330%5.457%7.640%
1st payment$1,973.84$1,973.84$5,172.08
2nd payment$0.00$2,321.70$0.00
Taxes / mo$296.33$296.33$296.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$149.40
HOA / mo$25.00$25.00$25.00
Total monthly$2,511.84$4,833.55$5,859.48
Cash to close$442,489$83,000$83,000