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$372,583$372,583$629,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$256,517$0
Funding fee$1,863$1,863$0
Note rate2.730%2.730%7.320%
Blended rate2.730%4.777%7.560%
1st payment$1,735.25$1,735.25$4,321.48
2nd payment$0.00$1,656.67$0.00
Taxes / mo$317.83$317.83$317.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.82
HOA / mo$240.67$240.67$240.67
Total monthly$2,460.42$4,117.08$5,172.47
Cash to close$326,417$69,900$69,900