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$319,882$319,882$475,009
Remaining term (yrs)24.924.930.0
Secondary amount$0$155,127$0
Funding fee$1,599$1,599$0
Note rate2.870%2.870%7.400%
Blended rate2.870%4.545%7.640%
1st payment$1,491.98$1,491.98$3,288.87
2nd payment$0.00$1,034.18$0.00
Taxes / mo$439.82$439.82$439.82
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.00
HOA / mo$227.00$227.00$227.00
Total monthly$2,325.47$3,359.65$4,217.36
Cash to close$207,906$52,779$52,779