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$328,182$328,182$715,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$387,318$0
Funding fee$1,641$1,641$0
Note rate2.720%2.720%7.320%
Blended rate2.720%5.443%7.560%
1st payment$1,584.38$1,584.38$4,914.99
2nd payment$0.00$2,501.43$0.00
Taxes / mo$662.50$662.50$662.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,463.55$4,964.98$5,937.26
Cash to close$466,818$79,500$79,500