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$377,134$377,134$585,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$207,866$0
Funding fee$1,886$1,886$0
Note rate2.810%2.810%7.320%
Blended rate2.810%4.565%7.560%
1st payment$1,788.78$1,788.78$4,018.54
2nd payment$0.00$1,342.47$0.00
Taxes / mo$776.88$776.88$776.88
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,732.33$4,074.80$5,079.09
Cash to close$272,866$65,000$65,000