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$315,169$315,169$673,200
Remaining term (yrs)24.324.330.0
Secondary amount$0$358,031$0
Funding fee$1,576$1,576$0
Note rate2.680%2.680%7.400%
Blended rate2.680%5.376%7.640%
1st payment$1,466.87$1,466.87$4,661.10
2nd payment$0.00$2,312.28$0.00
Taxes / mo$164.00$164.00$164.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.64
HOA / mo$0.00$0.00$0.00
Total monthly$1,847.54$4,159.82$5,176.41
Cash to close$432,831$74,800$74,800