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$332,530$332,530$873,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$540,470$0
Funding fee$1,663$1,663$0
Note rate2.980%2.980%7.400%
Blended rate2.980%5.933%7.640%
1st payment$1,606.27$1,606.27$6,044.48
2nd payment$0.00$3,490.53$0.00
Taxes / mo$808.33$808.33$808.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$174.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,631.27$6,121.80$7,244.08
Cash to close$637,470$97,000$97,000