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$267,508$267,508$719,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$452,402$0
Funding fee$1,338$1,338$0
Note rate2.800%2.800%7.400%
Blended rate2.800%5.911%7.640%
1st payment$1,240.90$1,240.90$4,984.51
2nd payment$0.00$2,921.76$0.00
Taxes / mo$666.58$666.58$666.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,124.15$5,045.91$6,011.74
Cash to close$532,392$79,990$79,990