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$368,019$368,019$719,100
Remaining term (yrs)22.422.430.0
Secondary amount$0$351,081$0
Funding fee$1,840$1,840$0
Note rate2.770%2.770%7.400%
Blended rate2.770%5.201%7.640%
1st payment$1,833.15$1,833.15$4,978.90
2nd payment$0.00$2,267.40$0.00
Taxes / mo$719.83$719.83$719.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$125.00$125.00$125.00
Total monthly$2,894.65$5,162.05$6,184.22
Cash to close$430,981$79,900$79,900