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$387,977$387,977$935,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$547,123$0
Funding fee$1,940$1,940$0
Note rate2.810%2.810%7.400%
Blended rate2.810%5.700%7.640%
1st payment$1,849.10$1,849.10$6,474.44
2nd payment$0.00$3,533.50$0.00
Taxes / mo$423.67$423.67$423.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$187.02
HOA / mo$242.00$242.00$242.00
Total monthly$2,731.43$6,264.94$7,543.80
Cash to close$651,023$103,900$103,900