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$343,902$343,902$1,124,100
Remaining term (yrs)24.024.030.0
Secondary amount$0$780,198$0
Funding fee$1,720$1,720$0
Note rate2.860%2.860%7.320%
Blended rate2.860%6.254%7.560%
1st payment$1,643.88$1,643.88$7,721.79
2nd payment$0.00$5,038.78$0.00
Taxes / mo$691.17$691.17$691.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$224.82
HOA / mo$287.00$287.00$287.00
Total monthly$2,838.71$7,877.49$9,141.44
Cash to close$905,098$124,900$124,900