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$236,962$236,962$463,500
Remaining term (yrs)18.818.830.0
Secondary amount$0$226,538$0
Funding fee$1,185$1,185$0
Note rate2.690%2.690%7.320%
Blended rate2.690%5.163%7.560%
1st payment$1,328.57$1,328.57$3,183.92
2nd payment$0.00$1,463.06$0.00
Taxes / mo$365.25$365.25$365.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.70
HOA / mo$55.00$55.00$55.00
Total monthly$1,915.48$3,378.54$3,863.54
Cash to close$278,038$51,500$51,500