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$339,337$339,337$898,200
Remaining term (yrs)24.424.430.0
Secondary amount$0$558,863$0
Funding fee$1,697$1,697$0
Note rate2.810%2.810%7.400%
Blended rate2.810%5.884%7.640%
1st payment$1,594.28$1,594.28$6,218.96
2nd payment$0.00$3,609.33$0.00
Taxes / mo$831.67$831.67$831.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.64
HOA / mo$0.00$0.00$0.00
Total monthly$2,642.61$6,251.94$7,446.93
Cash to close$658,663$99,800$99,800