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$304,607$304,607$440,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$136,303$0
Funding fee$1,523$1,523$0
Note rate2.810%2.810%7.400%
Blended rate2.810%4.414%7.640%
1st payment$1,427.75$1,427.75$3,052.77
2nd payment$0.00$908.69$0.00
Taxes / mo$337.19$337.19$337.19
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.18
HOA / mo$9.58$9.58$9.58
Total monthly$1,941.19$2,849.87$3,654.39
Cash to close$185,293$48,990$48,990