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$324,318$324,318$652,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$328,182$0
Funding fee$1,622$1,622$0
Note rate2.910%2.910%7.320%
Blended rate2.910%5.344%7.560%
1st payment$1,562.31$1,562.31$4,482.22
2nd payment$0.00$2,119.51$0.00
Taxes / mo$447.67$447.67$447.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.50
HOA / mo$500.00$500.00$500.00
Total monthly$2,726.64$4,846.15$5,777.06
Cash to close$400,682$72,500$72,500