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$193,333$193,333$629,910
Remaining term (yrs)8.98.930.0
Secondary amount$0$436,577$0
Funding fee$967$967$0
Note rate2.510%2.510%7.320%
Blended rate2.510%6.142%7.560%
1st payment$2,001.78$2,001.78$4,327.04
2nd payment$0.00$2,819.56$0.00
Taxes / mo$387.33$387.33$387.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$175.00$175.00$175.00
Total monthly$2,730.78$5,550.34$5,182.03
Cash to close$506,567$69,990$69,990