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$292,536$292,536$562,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$269,964$0
Funding fee$1,463$1,463$0
Note rate2.860%2.860%7.320%
Blended rate2.860%5.207%7.560%
1st payment$1,356.77$1,356.77$3,863.98
2nd payment$0.00$1,743.52$0.00
Taxes / mo$402.17$402.17$402.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$77.67$77.67$77.67
Total monthly$2,003.27$3,746.79$4,622.99
Cash to close$332,464$62,500$62,500