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$346,285$346,285$765,000
Remaining term (yrs)22.022.030.0
Secondary amount$0$418,715$0
Funding fee$1,731$1,731$0
Note rate4.650%4.650%7.320%
Blended rate4.650%6.347%7.560%
1st payment$2,088.33$2,088.33$5,255.02
2nd payment$0.00$2,704.20$0.00
Taxes / mo$179.58$179.58$179.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$16.67$16.67$16.67
Total monthly$2,501.25$5,205.45$5,820.94
Cash to close$503,715$85,000$85,000