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$303,738$303,738$810,000
Remaining term (yrs)20.020.030.0
Secondary amount$0$506,262$0
Funding fee$1,519$1,519$0
Note rate2.180%2.180%7.400%
Blended rate2.180%5.661%7.640%
1st payment$1,552.28$1,552.28$5,608.28
2nd payment$0.00$3,269.61$0.00
Taxes / mo$405.42$405.42$405.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$162.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,174.37$5,443.97$6,392.36
Cash to close$596,262$90,000$90,000