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$256,547$256,547$548,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$292,363$0
Funding fee$1,283$1,283$0
Note rate2.730%2.730%7.400%
Blended rate2.730%5.404%7.640%
1st payment$1,197.68$1,197.68$3,800.54
2nd payment$0.00$1,888.18$0.00
Taxes / mo$508.25$508.25$508.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$109.78
HOA / mo$223.00$223.00$223.00
Total monthly$2,095.60$3,983.77$4,808.24
Cash to close$353,353$60,990$60,990