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$328,754$328,754$494,999
Remaining term (yrs)25.425.430.0
Secondary amount$0$166,245$0
Funding fee$1,644$1,644$0
Note rate3.690%3.690%7.320%
Blended rate3.690%5.138%7.560%
1st payment$1,656.22$1,656.22$3,400.30
2nd payment$0.00$1,108.30$0.00
Taxes / mo$255.00$255.00$255.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,077.89$3,186.19$3,920.97
Cash to close$221,245$55,000$55,000