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$249,901$249,901$539,100
Remaining term (yrs)19.419.430.0
Secondary amount$0$289,199$0
Funding fee$1,250$1,250$0
Note rate2.770%2.770%7.320%
Blended rate2.770%5.442%7.560%
1st payment$1,383.42$1,383.42$3,703.24
2nd payment$0.00$1,867.74$0.00
Taxes / mo$465.83$465.83$465.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$100.00$100.00$100.00
Total monthly$2,115.92$3,983.67$4,543.56
Cash to close$349,099$59,900$59,900