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$224,400$224,400$891,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$666,600$0
Funding fee$1,122$1,122$0
Note rate2.730%2.730%7.400%
Blended rate2.730%6.486%7.640%
1st payment$1,047.60$1,047.60$6,169.10
2nd payment$0.00$4,305.13$0.00
Taxes / mo$825.00$825.00$825.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$178.20
HOA / mo$0.00$0.00$0.00
Total monthly$2,089.27$6,394.39$7,388.97
Cash to close$765,600$99,000$99,000