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$317,856$317,856$701,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$383,244$0
Funding fee$1,589$1,589$0
Note rate2.670%2.670%7.400%
Blended rate2.670%5.447%7.640%
1st payment$1,477.77$1,477.77$4,854.27
2nd payment$0.00$2,475.12$0.00
Taxes / mo$367.08$367.08$367.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$140.22
HOA / mo$90.00$90.00$90.00
Total monthly$2,151.52$4,626.63$5,668.24
Cash to close$461,144$77,900$77,900