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$321,121$321,121$738,000
Remaining term (yrs)24.024.030.0
Secondary amount$0$416,879$0
Funding fee$1,606$1,606$0
Note rate2.990%2.990%7.400%
Blended rate2.990%5.679%7.640%
1st payment$1,560.14$1,560.14$5,109.76
2nd payment$0.00$2,692.34$0.00
Taxes / mo$83.69$83.69$83.69
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$147.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,860.50$4,552.84$5,557.72
Cash to close$498,879$82,000$82,000