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$202,484$202,484$494,991
Remaining term (yrs)24.924.930.0
Secondary amount$0$292,507$0
Funding fee$1,012$1,012$0
Note rate2.840%2.840%7.320%
Blended rate2.840%5.741%7.560%
1st payment$941.28$941.28$3,400.24
2nd payment$0.00$1,889.11$0.00
Taxes / mo$458.33$458.33$458.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,566.27$3,455.38$4,124.23
Cash to close$347,506$54,999$54,999