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$395,682$395,682$989,999
Remaining term (yrs)24.724.730.0
Secondary amount$0$594,317$0
Funding fee$1,978$1,978$0
Note rate2.960%2.960%7.400%
Blended rate2.960%5.836%7.640%
1st payment$1,876.62$1,876.62$6,854.55
2nd payment$0.00$3,838.30$0.00
Taxes / mo$916.67$916.67$916.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$198.00
HOA / mo$20.00$20.00$20.00
Total monthly$3,029.95$6,868.25$8,205.89
Cash to close$704,317$110,000$110,000