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$388,834$388,834$897,300
Remaining term (yrs)23.923.930.0
Secondary amount$0$508,466$0
Funding fee$1,944$1,944$0
Note rate2.910%2.910%7.400%
Blended rate2.910%5.653%7.640%
1st payment$1,873.09$1,873.09$6,212.72
2nd payment$0.00$3,283.84$0.00
Taxes / mo$423.67$423.67$423.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.46
HOA / mo$74.00$74.00$74.00
Total monthly$2,587.43$5,871.27$7,106.52
Cash to close$608,166$99,700$99,700