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$326,592$326,592$652,500
Remaining term (yrs)20.520.530.0
Secondary amount$0$325,908$0
Funding fee$1,633$1,633$0
Note rate2.250%2.250%7.400%
Blended rate2.250%4.997%7.640%
1st payment$1,647.94$1,647.94$4,517.78
2nd payment$0.00$2,104.82$0.00
Taxes / mo$825.25$825.25$825.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.50
HOA / mo$99.00$99.00$99.00
Total monthly$2,788.86$4,893.68$5,789.19
Cash to close$398,408$72,500$72,500