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$369,249$369,249$789,300
Remaining term (yrs)20.020.030.0
Secondary amount$0$420,051$0
Funding fee$1,846$1,846$0
Note rate3.440%3.440%7.240%
Blended rate3.440%5.734%7.480%
1st payment$2,117.89$2,117.89$5,379.06
2nd payment$0.00$2,712.83$0.00
Taxes / mo$730.83$730.83$730.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.86
HOA / mo$0.00$0.00$0.00
Total monthly$3,065.39$5,778.22$6,484.42
Cash to close$507,751$87,700$87,700