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$297,462$297,462$900,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$602,538$0
Funding fee$1,487$1,487$0
Note rate2.810%2.810%7.400%
Blended rate2.810%6.117%7.640%
1st payment$1,394.26$1,394.26$6,231.42
2nd payment$0.00$3,891.39$0.00
Taxes / mo$833.33$833.33$833.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$180.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,444.26$6,335.65$7,461.42
Cash to close$702,538$100,000$100,000