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$285,950$285,950$666,000
Remaining term (yrs)20.420.430.0
Secondary amount$0$380,050$0
Funding fee$1,430$1,430$0
Note rate2.790%2.790%7.400%
Blended rate2.790%5.620%7.640%
1st payment$1,527.65$1,527.65$4,611.25
2nd payment$0.00$2,454.49$0.00
Taxes / mo$346.42$346.42$346.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.20
HOA / mo$72.67$72.67$72.67
Total monthly$2,163.40$4,617.89$5,380.20
Cash to close$454,050$74,000$74,000