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$358,639$358,639$621,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$262,361$0
Funding fee$1,793$1,793$0
Note rate2.730%2.730%7.320%
Blended rate2.730%4.851%7.560%
1st payment$1,670.30$1,670.30$4,265.84
2nd payment$0.00$1,694.42$0.00
Taxes / mo$375.92$375.92$375.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$124.20
HOA / mo$94.00$94.00$94.00
Total monthly$2,306.88$4,001.30$5,026.62
Cash to close$331,361$69,000$69,000