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$297,279$297,279$539,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$241,821$0
Funding fee$1,486$1,486$0
Note rate2.250%2.250%7.400%
Blended rate2.250%4.717%7.640%
1st payment$1,333.34$1,333.34$3,732.62
2nd payment$0.00$1,561.76$0.00
Taxes / mo$324.08$324.08$324.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,824.09$3,385.84$4,331.19
Cash to close$301,721$59,900$59,900