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$393,375$393,375$675,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$281,625$0
Funding fee$1,967$1,967$0
Note rate2.600%2.600%7.320%
Blended rate2.600%4.749%7.560%
1st payment$1,819.38$1,819.38$4,636.78
2nd payment$0.00$1,818.83$0.00
Taxes / mo$437.92$437.92$437.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$32.00$32.00$32.00
Total monthly$2,505.96$4,324.79$5,458.37
Cash to close$356,625$75,000$75,000