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$219,306$219,306$562,410
Remaining term (yrs)24.424.430.0
Secondary amount$0$343,104$0
Funding fee$1,097$1,097$0
Note rate2.730%2.730%7.400%
Blended rate2.730%5.793%7.640%
1st payment$1,023.82$1,023.82$3,894.01
2nd payment$0.00$2,215.88$0.00
Taxes / mo$506.83$506.83$506.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.48
HOA / mo$65.00$65.00$65.00
Total monthly$1,762.32$3,978.20$4,745.00
Cash to close$405,594$62,490$62,490