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$342,449$342,449$754,999
Remaining term (yrs)24.524.530.0
Secondary amount$0$412,550$0
Funding fee$1,712$1,712$0
Note rate3.050%3.050%7.400%
Blended rate3.050%5.618%7.640%
1st payment$1,647.58$1,647.58$5,227.46
2nd payment$0.00$2,664.38$0.00
Taxes / mo$528.25$528.25$528.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$151.00
HOA / mo$90.00$90.00$90.00
Total monthly$2,482.50$5,146.88$6,213.38
Cash to close$496,439$83,889$83,889