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$269,064$269,064$427,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$158,436$0
Funding fee$1,345$1,345$0
Note rate2.730%2.730%7.400%
Blended rate2.730%4.683%7.640%
1st payment$1,253.12$1,253.12$2,959.92
2nd payment$0.00$1,056.24$0.00
Taxes / mo$395.83$395.83$395.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,815.62$2,871.86$3,607.92
Cash to close$205,936$47,500$47,500