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$304,044$304,044$625,499
Remaining term (yrs)23.823.830.0
Secondary amount$0$321,455$0
Funding fee$1,520$1,520$0
Note rate3.230%3.230%7.400%
Blended rate3.230%5.553%7.640%
1st payment$1,522.10$1,522.10$4,330.83
2nd payment$0.00$2,076.06$0.00
Taxes / mo$168.42$168.42$168.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,857.19$3,933.25$4,791.01
Cash to close$390,955$69,500$69,500