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$296,935$296,935$738,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$441,065$0
Funding fee$1,485$1,485$0
Note rate2.810%2.810%7.400%
Blended rate2.810%5.762%7.640%
1st payment$1,405.02$1,405.02$5,109.76
2nd payment$0.00$2,848.55$0.00
Taxes / mo$683.33$683.33$683.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$147.60
HOA / mo$95.00$95.00$95.00
Total monthly$2,400.02$5,248.57$6,252.36
Cash to close$523,065$82,000$82,000