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$292,756$292,756$719,955
Remaining term (yrs)24.324.330.0
Secondary amount$0$427,199$0
Funding fee$1,464$1,464$0
Note rate2.710%2.710%7.320%
Blended rate2.710%5.701%7.560%
1st payment$1,367.02$1,367.02$4,945.59
2nd payment$0.00$2,758.99$0.00
Taxes / mo$666.63$666.63$666.63
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.99
HOA / mo$50.00$50.00$50.00
Total monthly$2,300.31$5,059.30$6,022.87
Cash to close$507,194$79,995$79,995