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$298,754$298,754$963,000
Remaining term (yrs)37.737.730.0
Secondary amount$0$664,246$0
Funding fee$1,494$1,494$0
Note rate2.375%2.375%7.320%
Blended rate2.375%6.082%7.560%
1st payment$997.99$997.99$6,615.14
2nd payment$0.00$4,289.92$0.00
Taxes / mo$891.67$891.67$891.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$192.60
HOA / mo$146.00$146.00$146.00
Total monthly$2,252.32$6,542.24$8,062.08
Cash to close$771,246$107,000$107,000