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$354,715$354,715$890,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$535,385$0
Funding fee$1,774$1,774$0
Note rate2.910%2.910%7.320%
Blended rate2.910%5.821%7.560%
1st payment$1,708.74$1,708.74$6,114.37
2nd payment$0.00$3,457.69$0.00
Taxes / mo$274.07$274.07$274.07
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$178.02
HOA / mo$0.00$0.00$0.00
Total monthly$2,199.48$5,657.17$6,783.13
Cash to close$634,285$98,900$98,900