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$289,426$289,426$657,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$367,574$0
Funding fee$1,447$1,447$0
Note rate3.500%3.500%7.320%
Blended rate3.500%5.878%7.560%
1st payment$1,445.92$1,445.92$4,513.13
2nd payment$0.00$2,373.91$0.00
Taxes / mo$591.33$591.33$591.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$131.40
HOA / mo$50.00$50.00$50.00
Total monthly$2,303.92$4,677.84$5,502.53
Cash to close$440,574$73,000$73,000