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$342,829$342,829$760,500
Remaining term (yrs)23.723.730.0
Secondary amount$0$417,671$0
Funding fee$1,714$1,714$0
Note rate3.150%3.150%7.400%
Blended rate3.150%5.676%7.640%
1st payment$1,705.95$1,705.95$5,265.55
2nd payment$0.00$2,697.46$0.00
Taxes / mo$486.83$486.83$486.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.10
HOA / mo$46.67$46.67$46.67
Total monthly$2,456.12$5,153.57$6,167.82
Cash to close$502,171$84,500$84,500