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$364,713$364,713$751,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$386,787$0
Funding fee$1,824$1,824$0
Note rate2.960%2.960%7.320%
Blended rate2.960%5.425%7.560%
1st payment$1,766.28$1,766.28$5,162.28
2nd payment$0.00$2,498.00$0.00
Taxes / mo$757.17$757.17$757.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$150.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,740.12$5,238.12$6,286.42
Cash to close$470,287$83,500$83,500