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$381,747$381,747$742,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$360,753$0
Funding fee$1,909$1,909$0
Note rate2.250%2.250%7.400%
Blended rate2.250%4.922%7.640%
1st payment$1,716.67$1,716.67$5,140.92
2nd payment$0.00$2,329.86$0.00
Taxes / mo$344.67$344.67$344.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$18.75$18.75$18.75
Total monthly$2,296.75$4,626.61$5,869.50
Cash to close$443,253$82,500$82,500