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$252,385$252,385$528,750
Remaining term (yrs)24.924.930.0
Secondary amount$0$276,365$0
Funding fee$1,262$1,262$0
Note rate2.900%2.900%7.320%
Blended rate2.900%5.435%7.560%
1st payment$1,183.75$1,183.75$3,632.15
2nd payment$0.00$1,784.86$0.00
Taxes / mo$400.75$400.75$400.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.75
HOA / mo$0.00$0.00$0.00
Total monthly$1,751.17$3,536.03$4,305.31
Cash to close$335,115$58,750$58,750