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$278,147$278,147$675,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$396,853$0
Funding fee$1,391$1,391$0
Note rate2.730%2.730%7.400%
Blended rate2.730%5.681%7.640%
1st payment$1,298.52$1,298.52$4,673.56
2nd payment$0.00$2,563.01$0.00
Taxes / mo$282.00$282.00$282.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,797.18$4,360.19$5,307.23
Cash to close$471,853$75,000$75,000