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$362,840$362,840$764,910
Remaining term (yrs)24.124.130.0
Secondary amount$0$402,070$0
Funding fee$1,814$1,814$0
Note rate2.830%2.830%7.400%
Blended rate2.830%5.416%7.640%
1st payment$1,724.69$1,724.69$5,296.08
2nd payment$0.00$2,596.70$0.00
Taxes / mo$343.33$343.33$343.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,284.69$4,881.39$6,009.06
Cash to close$487,060$84,990$84,990