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$312,835$312,835$512,099
Remaining term (yrs)24.124.130.0
Secondary amount$0$199,264$0
Funding fee$1,564$1,564$0
Note rate2.830%2.830%7.320%
Blended rate2.830%4.842%7.560%
1st payment$1,487.00$1,487.00$3,517.77
2nd payment$0.00$1,328.43$0.00
Taxes / mo$401.17$401.17$401.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.42
HOA / mo$45.00$45.00$45.00
Total monthly$2,099.83$3,428.26$4,233.02
Cash to close$256,164$56,900$56,900