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$310,793$310,793$523,321
Remaining term (yrs)24.124.130.0
Secondary amount$0$212,528$0
Funding fee$1,554$1,554$0
Note rate2.940%2.940%7.400%
Blended rate2.940%4.893%7.640%
1st payment$1,494.85$1,494.85$3,623.37
2nd payment$0.00$1,372.58$0.00
Taxes / mo$267.42$267.42$267.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.66
HOA / mo$146.00$146.00$146.00
Total monthly$2,074.94$3,447.51$4,308.12
Cash to close$270,675$58,147$58,147