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$337,167$337,167$886,500
Remaining term (yrs)26.426.430.0
Secondary amount$0$549,333$0
Funding fee$1,686$1,686$0
Note rate5.000%5.000%7.400%
Blended rate5.000%6.704%7.640%
1st payment$1,915.38$1,915.38$6,137.95
2nd payment$0.00$3,547.78$0.00
Taxes / mo$820.83$820.83$820.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$177.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,952.88$6,500.66$7,352.75
Cash to close$647,833$98,500$98,500