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$222,297$222,297$476,999
Remaining term (yrs)18.918.930.0
Secondary amount$0$254,702$0
Funding fee$1,111$1,111$0
Note rate2.520%2.520%7.320%
Blended rate2.520%5.313%7.560%
1st payment$1,223.78$1,223.78$3,276.65
2nd payment$0.00$1,644.95$0.00
Taxes / mo$684.02$684.02$684.02
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.40
HOA / mo$85.33$85.33$85.33
Total monthly$2,159.80$3,804.75$4,308.07
Cash to close$307,702$53,000$53,000