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$307,772$307,772$449,999
Remaining term (yrs)24.724.730.0
Secondary amount$0$142,227$0
Funding fee$1,539$1,539$0
Note rate2.960%2.960%7.320%
Blended rate2.960%4.553%7.560%
1st payment$1,459.69$1,459.69$3,091.18
2nd payment$0.00$948.18$0.00
Taxes / mo$65.83$65.83$65.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,692.19$2,640.37$3,413.68
Cash to close$192,227$50,000$50,000