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$365,281$365,281$742,410
Remaining term (yrs)23.923.930.0
Secondary amount$0$377,129$0
Funding fee$1,826$1,826$0
Note rate2.990%2.990%7.400%
Blended rate2.990%5.408%7.640%
1st payment$1,774.69$1,774.69$5,140.30
2nd payment$0.00$2,435.62$0.00
Taxes / mo$339.67$339.67$339.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.48
HOA / mo$21.67$21.67$21.67
Total monthly$2,352.69$4,788.31$5,866.78
Cash to close$459,619$82,490$82,490