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$298,409$298,409$607,410
Remaining term (yrs)24.024.030.0
Secondary amount$0$309,001$0
Funding fee$1,492$1,492$0
Note rate2.930%2.930%7.320%
Blended rate2.930%5.382%7.560%
1st payment$1,437.15$1,437.15$4,172.49
2nd payment$0.00$1,995.63$0.00
Taxes / mo$451.58$451.58$451.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.48
HOA / mo$72.92$72.92$72.92
Total monthly$2,128.32$4,123.95$4,985.14
Cash to close$376,491$67,490$67,490