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$269,889$269,889$562,500
Remaining term (yrs)23.323.330.0
Secondary amount$0$292,611$0
Funding fee$1,349$1,349$0
Note rate2.700%2.700%7.400%
Blended rate2.700%5.327%7.640%
1st payment$1,296.91$1,296.91$3,894.64
2nd payment$0.00$1,889.78$0.00
Taxes / mo$353.17$353.17$353.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$57.00$57.00$57.00
Total monthly$1,873.74$3,763.53$4,583.97
Cash to close$355,111$62,500$62,500