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$322,882$322,882$765,000
Remaining term (yrs)24.024.030.0
Secondary amount$0$442,118$0
Funding fee$1,614$1,614$0
Note rate2.890%2.890%7.400%
Blended rate2.890%5.699%7.640%
1st payment$1,548.37$1,548.37$5,296.71
2nd payment$0.00$2,855.35$0.00
Taxes / mo$514.00$514.00$514.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$45.00$45.00$45.00
Total monthly$2,324.04$5,179.38$6,225.37
Cash to close$527,118$85,000$85,000