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$269,569$269,569$1,147,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$877,931$0
Funding fee$1,348$1,348$0
Note rate2.980%2.980%7.320%
Blended rate2.980%6.629%7.560%
1st payment$1,278.40$1,278.40$7,882.53
2nd payment$0.00$5,669.97$0.00
Taxes / mo$474.08$474.08$474.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$229.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,969.15$7,639.12$8,802.78
Cash to close$1,005,431$127,500$127,500