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$342,102$342,102$690,300
Remaining term (yrs)24.624.630.0
Secondary amount$0$348,198$0
Funding fee$1,711$1,711$0
Note rate2.900%2.900%7.400%
Blended rate2.900%5.346%7.640%
1st payment$1,615.60$1,615.60$4,779.50
2nd payment$0.00$2,248.78$0.00
Taxes / mo$285.83$285.83$285.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$138.06
HOA / mo$0.00$0.00$0.00
Total monthly$2,118.09$4,366.87$5,420.05
Cash to close$424,898$76,700$76,700