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$381,747$381,747$719,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$337,353$0
Funding fee$1,909$1,909$0
Note rate2.250%2.250%7.400%
Blended rate2.250%4.830%7.640%
1st payment$1,716.67$1,716.67$4,978.90
2nd payment$0.00$2,178.74$0.00
Taxes / mo$373.00$373.00$373.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$18.75$18.75$18.75
Total monthly$2,325.08$4,503.82$5,731.14
Cash to close$417,253$79,900$79,900