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$399,501$399,501$989,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$589,599$0
Funding fee$1,998$1,998$0
Note rate2.980%2.980%7.320%
Blended rate2.980%5.823%7.560%
1st payment$1,890.32$1,890.32$6,794.43
2nd payment$0.00$3,807.83$0.00
Taxes / mo$915.83$915.83$915.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$197.82
HOA / mo$199.00$199.00$199.00
Total monthly$3,221.82$7,029.65$8,323.75
Cash to close$699,499$109,900$109,900