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$316,811$316,811$494,010
Remaining term (yrs)24.824.830.0
Secondary amount$0$177,199$0
Funding fee$1,584$1,584$0
Note rate2.900%2.900%7.320%
Blended rate2.900%4.729%7.560%
1st payment$1,489.31$1,489.31$3,393.51
2nd payment$0.00$1,181.33$0.00
Taxes / mo$211.58$211.58$211.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.80
HOA / mo$500.00$500.00$500.00
Total monthly$2,367.56$3,548.89$4,370.56
Cash to close$232,089$54,890$54,890