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$293,610$293,610$656,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$362,490$0
Funding fee$1,468$1,468$0
Note rate2.730%2.730%7.400%
Blended rate2.730%5.504%7.640%
1st payment$1,367.44$1,367.44$4,542.70
2nd payment$0.00$2,341.08$0.00
Taxes / mo$607.50$607.50$607.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$131.22
HOA / mo$0.00$0.00$0.00
Total monthly$2,191.61$4,532.69$5,498.09
Cash to close$435,390$72,900$72,900