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$269,280$269,280$539,991
Remaining term (yrs)24.924.930.0
Secondary amount$0$270,711$0
Funding fee$1,346$1,346$0
Note rate2.800%2.800%7.320%
Blended rate2.800%5.282%7.560%
1st payment$1,249.12$1,249.12$3,709.36
2nd payment$0.00$1,748.34$0.00
Taxes / mo$249.67$249.67$249.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$20.83$20.83$20.83
Total monthly$1,686.28$3,434.63$4,254.53
Cash to close$330,710$59,999$59,999