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$368,495$368,495$620,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$252,415$0
Funding fee$1,842$1,842$0
Note rate2.740%2.740%7.400%
Blended rate2.740%4.777%7.640%
1st payment$1,718.08$1,718.08$4,299.06
2nd payment$0.00$1,630.18$0.00
Taxes / mo$574.92$574.92$574.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$124.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,459.66$4,089.85$5,164.82
Cash to close$321,405$68,990$68,990