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$387,179$387,179$796,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$409,321$0
Funding fee$1,936$1,936$0
Note rate2.840%2.840%7.400%
Blended rate2.840%5.363%7.640%
1st payment$1,837.98$1,837.98$5,514.81
2nd payment$0.00$2,643.53$0.00
Taxes / mo$737.50$737.50$737.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$159.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,792.14$5,435.68$6,628.27
Cash to close$497,821$88,500$88,500