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$279,387$279,387$611,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$331,713$0
Funding fee$1,397$1,397$0
Note rate2.870%2.870%7.320%
Blended rate2.870%5.519%7.560%
1st payment$1,306.07$1,306.07$4,197.83
2nd payment$0.00$2,142.32$0.00
Taxes / mo$427.33$427.33$427.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$122.22
HOA / mo$32.00$32.00$32.00
Total monthly$1,932.07$4,074.38$4,946.05
Cash to close$399,613$67,900$67,900