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$333,031$333,031$629,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$296,879$0
Funding fee$1,665$1,665$0
Note rate2.880%2.880%7.400%
Blended rate2.880%5.175%7.640%
1st payment$1,603.00$1,603.00$4,361.37
2nd payment$0.00$1,917.35$0.00
Taxes / mo$583.25$583.25$583.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,352.92$4,270.26$5,237.27
Cash to close$366,869$69,990$69,990