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$387,354$387,354$742,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$355,146$0
Funding fee$1,937$1,937$0
Note rate2.730%2.730%7.400%
Blended rate2.730%5.131%7.640%
1st payment$1,804.04$1,804.04$5,140.92
2nd payment$0.00$2,293.65$0.00
Taxes / mo$259.50$259.50$259.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,280.21$4,573.85$5,765.59
Cash to close$437,646$82,500$82,500