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$354,969$354,969$665,100
Remaining term (yrs)24.224.230.0
Secondary amount$0$310,131$0
Funding fee$1,775$1,775$0
Note rate2.840%2.840%7.400%
Blended rate2.840%5.129%7.640%
1st payment$1,685.08$1,685.08$4,605.02
2nd payment$0.00$2,002.93$0.00
Taxes / mo$454.50$454.50$454.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.02
HOA / mo$0.00$0.00$0.00
Total monthly$2,356.24$4,359.17$5,409.20
Cash to close$384,031$73,900$73,900