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$354,299$354,299$656,910
Remaining term (yrs)24.024.030.0
Secondary amount$0$302,611$0
Funding fee$1,771$1,771$0
Note rate2.930%2.930%7.320%
Blended rate2.930%5.150%7.560%
1st payment$1,706.32$1,706.32$4,512.52
2nd payment$0.00$1,954.36$0.00
Taxes / mo$608.25$608.25$608.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$131.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,531.23$4,485.59$5,468.81
Cash to close$375,601$72,990$72,990