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$326,270$326,270$1,079,100
Remaining term (yrs)24.224.230.0
Secondary amount$0$752,830$0
Funding fee$1,631$1,631$0
Note rate2.840%2.840%7.400%
Blended rate2.840%6.265%7.640%
1st payment$1,548.84$1,548.84$7,471.47
2nd payment$0.00$4,862.02$0.00
Taxes / mo$999.17$999.17$999.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$215.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,764.67$7,626.70$8,903.12
Cash to close$872,730$119,900$119,900