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$386,227$386,227$647,996
Remaining term (yrs)25.125.130.0
Secondary amount$0$261,769$0
Funding fee$1,931$1,931$0
Note rate2.970%2.970%7.400%
Blended rate2.970%4.901%7.640%
1st payment$1,813.32$1,813.32$4,486.59
2nd payment$0.00$1,690.59$0.00
Taxes / mo$440.42$440.42$440.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$129.60
HOA / mo$75.00$75.00$75.00
Total monthly$2,545.41$4,236.00$5,348.27
Cash to close$333,768$72,000$72,000