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$292,883$292,883$512,505
Remaining term (yrs)24.824.830.0
Secondary amount$0$219,622$0
Funding fee$1,464$1,464$0
Note rate2.930%2.930%7.400%
Blended rate2.930%4.995%7.640%
1st payment$1,381.37$1,381.37$3,548.48
2nd payment$0.00$1,418.39$0.00
Taxes / mo$315.08$315.08$315.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,863.12$3,281.51$4,132.73
Cash to close$276,567$56,945$56,945