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$362,306$362,306$629,991
Remaining term (yrs)24.724.730.0
Secondary amount$0$267,685$0
Funding fee$1,812$1,812$0
Note rate2.950%2.950%7.320%
Blended rate2.950%4.990%7.560%
1st payment$1,716.45$1,716.45$4,327.60
2nd payment$0.00$1,728.80$0.00
Taxes / mo$6.50$6.50$6.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$126.00
HOA / mo$85.00$85.00$85.00
Total monthly$1,974.62$3,703.41$4,711.77
Cash to close$337,684$69,999$69,999