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$290,887$290,887$535,500
Remaining term (yrs)23.423.430.0
Secondary amount$0$244,613$0
Funding fee$1,454$1,454$0
Note rate2.730%2.730%7.320%
Blended rate2.730%5.023%7.560%
1st payment$1,398.67$1,398.67$3,678.51
2nd payment$0.00$1,579.79$0.00
Taxes / mo$580.75$580.75$580.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.10
HOA / mo$55.00$55.00$55.00
Total monthly$2,201.09$3,780.88$4,588.03
Cash to close$304,113$59,500$59,500