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$325,940$325,940$654,300
Remaining term (yrs)24.124.130.0
Secondary amount$0$328,360$0
Funding fee$1,630$1,630$0
Note rate2.780%2.780%7.400%
Blended rate2.780%5.274%7.640%
1st payment$1,540.97$1,540.97$4,530.24
2nd payment$0.00$2,120.66$0.00
Taxes / mo$177.75$177.75$177.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.86
HOA / mo$5.83$5.83$5.83
Total monthly$1,941.21$4,061.87$5,061.35
Cash to close$401,060$72,700$72,700