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$334,730$334,730$569,699
Remaining term (yrs)24.324.330.0
Secondary amount$0$234,969$0
Funding fee$1,674$1,674$0
Note rate2.680%2.680%7.400%
Blended rate2.680%4.771%7.640%
1st payment$1,557.92$1,557.92$3,944.48
2nd payment$0.00$1,517.51$0.00
Taxes / mo$258.33$258.33$258.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.94
HOA / mo$124.33$124.33$124.33
Total monthly$2,107.25$3,624.75$4,607.75
Cash to close$298,269$63,300$63,300