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$359,001$359,001$738,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$378,999$0
Funding fee$1,795$1,795$0
Note rate2.960%2.960%7.400%
Blended rate2.960%5.420%7.640%
1st payment$1,738.62$1,738.62$5,109.76
2nd payment$0.00$2,447.70$0.00
Taxes / mo$683.33$683.33$683.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$147.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,638.62$5,086.32$6,157.36
Cash to close$460,999$82,000$82,000