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$336,468$336,468$1,196,100
Remaining term (yrs)14.014.030.0
Secondary amount$0$859,632$0
Funding fee$1,682$1,682$0
Note rate2.860%2.860%7.320%
Blended rate2.860%6.374%7.560%
1st payment$2,409.51$2,409.51$8,216.38
2nd payment$0.00$5,551.79$0.00
Taxes / mo$1,223.49$1,223.49$1,223.49
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$239.22
HOA / mo$178.33$178.33$178.33
Total monthly$4,028.00$9,579.79$10,074.09
Cash to close$992,532$132,900$132,900