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$282,891$282,891$539,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$256,209$0
Funding fee$1,414$1,414$0
Note rate2.930%2.930%7.320%
Blended rate2.930%5.221%7.560%
1st payment$1,365.65$1,365.65$3,703.24
2nd payment$0.00$1,654.68$0.00
Taxes / mo$499.17$499.17$499.17
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$2,031.49$3,686.17$4,476.90
Cash to close$316,109$59,900$59,900