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$348,225$348,225$832,500
Remaining term (yrs)19.619.630.0
Secondary amount$0$484,275$0
Funding fee$1,741$1,741$0
Note rate3.570%3.570%7.400%
Blended rate3.570%6.002%7.640%
1st payment$2,049.76$2,049.76$5,764.06
2nd payment$0.00$3,127.61$0.00
Taxes / mo$589.67$589.67$589.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$166.50
HOA / mo$80.00$80.00$80.00
Total monthly$2,936.09$6,063.70$6,816.90
Cash to close$576,775$92,500$92,500