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$363,406$363,406$945,000
Remaining term (yrs)24.024.030.0
Secondary amount$0$581,594$0
Funding fee$1,817$1,817$0
Note rate2.860%2.860%7.400%
Blended rate2.860%5.870%7.640%
1st payment$1,737.11$1,737.11$6,542.99
2nd payment$0.00$3,756.13$0.00
Taxes / mo$875.00$875.00$875.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$189.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,828.78$6,584.91$7,823.66
Cash to close$686,594$105,000$105,000