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$341,606$341,606$539,091
Remaining term (yrs)24.424.430.0
Secondary amount$0$197,485$0
Funding fee$1,708$1,708$0
Note rate2.670%2.670%7.400%
Blended rate2.670%4.623%7.640%
1st payment$1,584.35$1,584.35$3,732.56
2nd payment$0.00$1,316.57$0.00
Taxes / mo$499.16$499.16$499.16
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$2,250.17$3,566.74$4,506.20
Cash to close$257,384$59,899$59,899