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$308,553$308,553$845,550
Remaining term (yrs)18.418.430.0
Secondary amount$0$536,997$0
Funding fee$1,543$1,543$0
Note rate3.730%3.730%7.320%
Blended rate3.730%6.283%7.560%
1st payment$1,926.22$1,926.22$5,808.34
2nd payment$0.00$3,468.10$0.00
Taxes / mo$186.92$186.92$186.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$169.11
HOA / mo$238.00$238.00$238.00
Total monthly$2,567.80$6,035.90$6,619.04
Cash to close$630,947$93,950$93,950