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$304,566$304,566$787,410
Remaining term (yrs)24.924.930.0
Secondary amount$0$482,844$0
Funding fee$1,523$1,523$0
Note rate2.375%2.375%7.400%
Blended rate2.375%5.671%7.640%
1st payment$1,343.96$1,343.96$5,451.87
2nd payment$0.00$3,118.37$0.00
Taxes / mo$574.08$574.08$574.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.48
HOA / mo$110.33$110.33$110.33
Total monthly$2,245.04$5,363.41$6,510.43
Cash to close$570,334$87,490$87,490