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$395,407$395,407$665,100
Remaining term (yrs)24.824.830.0
Secondary amount$0$269,693$0
Funding fee$1,977$1,977$0
Note rate2.900%2.900%7.400%
Blended rate2.900%4.867%7.640%
1st payment$1,858.79$1,858.79$4,605.02
2nd payment$0.00$1,741.77$0.00
Taxes / mo$615.83$615.83$615.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.02
HOA / mo$45.00$45.00$45.00
Total monthly$2,736.29$4,478.06$5,615.54
Cash to close$343,593$73,900$73,900