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$317,319$317,319$935,100
Remaining term (yrs)19.019.030.0
Secondary amount$0$617,781$0
Funding fee$1,587$1,587$0
Note rate2.860%2.860%7.400%
Blended rate2.860%6.091%7.640%
1st payment$1,793.76$1,793.76$6,474.44
2nd payment$0.00$3,989.84$0.00
Taxes / mo$865.83$865.83$865.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$187.02
HOA / mo$150.00$150.00$150.00
Total monthly$3,026.26$7,016.10$7,893.96
Cash to close$721,681$103,900$103,900