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$328,282$328,282$585,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$256,718$0
Funding fee$1,641$1,641$0
Note rate2.810%2.810%7.400%
Blended rate2.810%4.978%7.640%
1st payment$1,542.34$1,542.34$4,050.42
2nd payment$0.00$1,657.97$0.00
Taxes / mo$218.50$218.50$218.50
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$1,927.51$3,585.48$4,552.59
Cash to close$321,718$65,000$65,000