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$313,569$313,569$566,999
Remaining term (yrs)24.924.930.0
Secondary amount$0$253,430$0
Funding fee$1,568$1,568$0
Note rate2.800%2.800%7.400%
Blended rate2.800%5.012%7.640%
1st payment$1,454.57$1,454.57$3,925.79
2nd payment$0.00$1,636.74$0.00
Taxes / mo$525.00$525.00$525.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.40
HOA / mo$396.00$396.00$396.00
Total monthly$2,542.23$4,178.97$5,126.85
Cash to close$316,430$63,000$63,000