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$392,223$392,223$558,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$165,777$0
Funding fee$1,961$1,961$0
Note rate2.900%2.900%7.400%
Blended rate2.900%4.415%7.640%
1st payment$1,887.41$1,887.41$3,863.48
2nd payment$0.00$1,105.18$0.00
Taxes / mo$337.19$337.19$337.19
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$111.60
HOA / mo$45.00$45.00$45.00
Total monthly$2,436.27$3,541.45$4,523.94
Cash to close$227,777$62,000$62,000