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$367,619$367,619$787,500
Remaining term (yrs)19.819.830.0
Secondary amount$0$419,881$0
Funding fee$1,838$1,838$0
Note rate3.430%3.430%7.320%
Blended rate3.430%5.733%7.560%
1st payment$2,125.02$2,125.02$5,409.58
2nd payment$0.00$2,711.73$0.00
Taxes / mo$369.25$369.25$369.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.50
HOA / mo$71.67$71.67$71.67
Total monthly$2,782.60$5,494.33$6,224.67
Cash to close$507,381$87,500$87,500