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$360,912$360,912$629,999
Remaining term (yrs)25.625.630.0
Secondary amount$0$269,087$0
Funding fee$1,805$1,805$0
Note rate4.000%4.000%7.400%
Blended rate4.000%5.602%7.640%
1st payment$1,872.78$1,872.78$4,361.99
2nd payment$0.00$1,737.86$0.00
Taxes / mo$511.92$511.92$511.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$126.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,551.36$4,289.22$5,166.57
Cash to close$339,087$70,000$70,000