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$369,403$369,403$791,910
Remaining term (yrs)24.224.230.0
Secondary amount$0$422,507$0
Funding fee$1,847$1,847$0
Note rate2.780%2.780%7.400%
Blended rate2.780%5.432%7.640%
1st payment$1,742.26$1,742.26$5,483.02
2nd payment$0.00$2,728.69$0.00
Taxes / mo$733.25$733.25$733.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$158.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,692.17$5,420.87$6,591.32
Cash to close$510,497$87,990$87,990