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$347,136$347,136$539,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$191,964$0
Funding fee$1,736$1,736$0
Note rate2.730%2.730%7.400%
Blended rate2.730%4.607%7.640%
1st payment$1,620.59$1,620.59$3,732.62
2nd payment$0.00$1,279.76$0.00
Taxes / mo$7.92$7.92$7.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$61.67$61.67$61.67
Total monthly$1,856.84$3,136.60$4,076.69
Cash to close$251,864$59,900$59,900