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$265,901$265,901$449,991
Remaining term (yrs)24.724.730.0
Secondary amount$0$184,090$0
Funding fee$1,330$1,330$0
Note rate2.900%2.900%7.320%
Blended rate2.900%4.986%7.560%
1st payment$1,252.85$1,252.85$3,091.13
2nd payment$0.00$1,227.26$0.00
Taxes / mo$59.33$59.33$59.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$31.25$31.25$31.25
Total monthly$1,510.10$2,737.37$3,438.37
Cash to close$234,089$49,999$49,999