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$309,566$309,566$647,730
Remaining term (yrs)23.923.930.0
Secondary amount$0$338,164$0
Funding fee$1,548$1,548$0
Note rate2.940%2.940%7.400%
Blended rate2.940%5.451%7.640%
1st payment$1,496.02$1,496.02$4,484.75
2nd payment$0.00$2,183.98$0.00
Taxes / mo$599.75$599.75$599.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$129.55
HOA / mo$135.00$135.00$135.00
Total monthly$2,447.44$4,631.41$5,565.71
Cash to close$410,134$71,970$71,970