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$340,145$340,145$697,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$357,355$0
Funding fee$1,701$1,701$0
Note rate3.180%3.180%7.320%
Blended rate3.180%5.521%7.560%
1st payment$1,663.31$1,663.31$4,791.34
2nd payment$0.00$2,307.92$0.00
Taxes / mo$645.83$645.83$645.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$139.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,525.81$4,833.73$5,793.34
Cash to close$434,855$77,500$77,500