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$314,343$314,343$894,600
Remaining term (yrs)24.224.230.0
Secondary amount$0$580,257$0
Funding fee$1,572$1,572$0
Note rate2.770%2.770%7.320%
Blended rate2.770%6.000%7.560%
1st payment$1,480.97$1,480.97$6,145.28
2nd payment$0.00$3,747.50$0.00
Taxes / mo$461.17$461.17$461.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$178.92
HOA / mo$177.00$177.00$177.00
Total monthly$2,335.80$6,083.30$7,179.03
Cash to close$679,657$99,400$99,400