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$342,401$342,401$719,550
Remaining term (yrs)24.424.430.0
Secondary amount$0$377,149$0
Funding fee$1,712$1,712$0
Note rate2.810%2.810%7.400%
Blended rate2.810%5.399%7.640%
1st payment$1,608.68$1,608.68$4,982.02
2nd payment$0.00$2,435.75$0.00
Taxes / mo$324.73$324.73$324.73
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.91
HOA / mo$0.00$0.00$0.00
Total monthly$2,150.07$4,585.82$5,667.32
Cash to close$457,099$79,950$79,950