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$310,072$310,072$719,910
Remaining term (yrs)20.020.030.0
Secondary amount$0$409,838$0
Funding fee$1,550$1,550$0
Note rate2.880%2.880%7.320%
Blended rate2.880%5.652%7.560%
1st payment$1,690.69$1,690.69$4,945.28
2nd payment$0.00$2,646.87$0.00
Taxes / mo$389.20$389.20$389.20
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,296.55$4,943.42$5,695.13
Cash to close$489,828$79,990$79,990