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$266,726$266,726$472,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$205,774$0
Funding fee$1,334$1,334$0
Note rate2.810%2.810%7.320%
Blended rate2.810%4.961%7.560%
1st payment$1,253.14$1,253.14$3,245.75
2nd payment$0.00$1,328.95$0.00
Taxes / mo$135.58$135.58$135.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,555.39$2,884.34$3,642.50
Cash to close$258,274$52,500$52,500