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$365,683$365,683$549,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$183,317$0
Funding fee$1,828$1,828$0
Note rate2.730%2.730%7.400%
Blended rate2.730%4.490%7.640%
1st payment$1,707.17$1,707.17$3,801.17
2nd payment$0.00$1,222.11$0.00
Taxes / mo$324.50$324.50$324.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$109.80
HOA / mo$61.67$61.67$61.67
Total monthly$2,260.01$3,482.12$4,463.80
Cash to close$244,317$61,000$61,000