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$309,323$309,323$463,950
Remaining term (yrs)24.924.930.0
Secondary amount$0$154,627$0
Funding fee$1,547$1,547$0
Note rate2.900%2.900%7.400%
Blended rate2.900%4.600%7.640%
1st payment$1,450.81$1,450.81$3,212.30
2nd payment$0.00$1,030.85$0.00
Taxes / mo$448.75$448.75$448.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.79
HOA / mo$150.00$150.00$150.00
Total monthly$2,216.22$3,247.07$4,070.50
Cash to close$206,177$51,550$51,550