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$342,320$342,320$1,435,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$1,093,180$0
Funding fee$1,712$1,712$0
Note rate2.900%2.900%7.400%
Blended rate2.900%6.593%7.640%
1st payment$1,598.33$1,598.33$9,939.11
2nd payment$0.00$7,060.12$0.00
Taxes / mo$1,329.17$1,329.17$1,329.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$287.10
HOA / mo$0.00$0.00$0.00
Total monthly$3,144.16$10,204.28$11,772.05
Cash to close$1,252,680$159,500$159,500