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$319,358$319,358$476,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$156,742$0
Funding fee$1,597$1,597$0
Note rate2.880%2.880%7.400%
Blended rate2.880%4.566%7.640%
1st payment$1,494.58$1,494.58$3,296.42
2nd payment$0.00$1,044.95$0.00
Taxes / mo$409.17$409.17$409.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.22
HOA / mo$19.33$19.33$19.33
Total monthly$2,089.74$3,134.68$3,986.80
Cash to close$209,642$52,900$52,900