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$357,735$357,735$675,000
Remaining term (yrs)23.423.430.0
Secondary amount$0$317,265$0
Funding fee$1,789$1,789$0
Note rate3.730%3.730%7.400%
Blended rate3.730%5.619%7.640%
1st payment$1,906.60$1,906.60$4,673.56
2nd payment$0.00$2,049.00$0.00
Taxes / mo$625.00$625.00$625.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$118.33$118.33$118.33
Total monthly$2,866.59$4,915.59$5,768.56
Cash to close$392,265$75,000$75,000