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$292,548$292,548$499,050
Remaining term (yrs)23.023.030.0
Secondary amount$0$206,502$0
Funding fee$1,463$1,463$0
Note rate2.900%2.900%7.320%
Blended rate2.900%4.907%7.560%
1st payment$1,446.34$1,446.34$3,428.13
2nd payment$0.00$1,333.66$0.00
Taxes / mo$606.25$606.25$606.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.81
HOA / mo$146.67$146.67$146.67
Total monthly$2,365.93$3,699.58$4,447.52
Cash to close$261,952$55,450$55,450