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$274,399$274,399$809,999
Remaining term (yrs)24.324.330.0
Secondary amount$0$535,600$0
Funding fee$1,372$1,372$0
Note rate2.650%2.650%7.320%
Blended rate2.650%6.022%7.560%
1st payment$1,269.86$1,269.86$5,564.13
2nd payment$0.00$3,459.08$0.00
Taxes / mo$750.00$750.00$750.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$162.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,236.53$5,695.61$6,692.80
Cash to close$625,600$90,000$90,000