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$267,464$267,464$629,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$361,636$0
Funding fee$1,337$1,337$0
Note rate2.770%2.770%7.400%
Blended rate2.770%5.633%7.640%
1st payment$1,254.10$1,254.10$4,355.76
2nd payment$0.00$2,335.57$0.00
Taxes / mo$582.50$582.50$582.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,003.27$4,338.83$5,230.75
Cash to close$431,536$69,900$69,900