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$357,174$357,174$620,100
Remaining term (yrs)24.224.230.0
Secondary amount$0$262,926$0
Funding fee$1,786$1,786$0
Note rate2.200%2.200%7.400%
Blended rate2.200%4.553%7.640%
1st payment$1,580.77$1,580.77$4,293.45
2nd payment$0.00$1,698.07$0.00
Taxes / mo$1,058.50$1,058.50$1,058.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$124.02
HOA / mo$102.00$102.00$102.00
Total monthly$2,907.94$4,606.01$5,744.63
Cash to close$331,826$68,900$68,900