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$302,534$302,534$584,910
Remaining term (yrs)24.124.130.0
Secondary amount$0$282,376$0
Funding fee$1,513$1,513$0
Note rate2.810%2.810%7.320%
Blended rate2.810%5.195%7.560%
1st payment$1,434.94$1,434.94$4,017.93
2nd payment$0.00$1,823.68$0.00
Taxes / mo$599.83$599.83$599.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.98
HOA / mo$47.92$47.92$47.92
Total monthly$2,249.36$4,073.04$4,949.33
Cash to close$347,366$64,990$64,990