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$361,677$361,677$990,000
Remaining term (yrs)15.015.030.0
Secondary amount$0$628,323$0
Funding fee$1,808$1,808$0
Note rate2.150%2.150%7.400%
Blended rate2.150%5.704%7.640%
1st payment$2,330.58$2,330.58$6,854.56
2nd payment$0.00$4,057.92$0.00
Taxes / mo$442.00$442.00$442.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$198.00
HOA / mo$62.50$62.50$62.50
Total monthly$3,051.75$7,109.67$7,773.73
Cash to close$738,323$110,000$110,000