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$340,614$340,614$765,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$424,386$0
Funding fee$1,703$1,703$0
Note rate2.660%2.660%7.400%
Blended rate2.660%5.484%7.640%
1st payment$1,581.84$1,581.84$5,296.71
2nd payment$0.00$2,740.83$0.00
Taxes / mo$708.33$708.33$708.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,506.84$5,247.67$6,374.71
Cash to close$509,386$85,000$85,000