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$266,662$266,662$476,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$209,438$0
Funding fee$1,333$1,333$0
Note rate2.890%2.890%7.400%
Blended rate2.890%5.028%7.640%
1st payment$1,269.72$1,269.72$3,296.42
2nd payment$0.00$1,352.62$0.00
Taxes / mo$440.83$440.83$440.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,877.22$3,229.84$3,999.14
Cash to close$262,338$52,900$52,900