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$363,624$363,624$630,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$266,376$0
Funding fee$1,818$1,818$0
Note rate2.810%2.810%7.400%
Blended rate2.810%4.899%7.640%
1st payment$1,724.70$1,724.70$4,361.99
2nd payment$0.00$1,720.35$0.00
Taxes / mo$202.08$202.08$202.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$126.00
HOA / mo$18.00$18.00$18.00
Total monthly$2,111.45$3,831.79$4,874.74
Cash to close$336,376$70,000$70,000