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$269,692$269,692$449,999
Remaining term (yrs)23.923.930.0
Secondary amount$0$180,307$0
Funding fee$1,348$1,348$0
Note rate2.870%2.870%7.400%
Blended rate2.870%4.926%7.640%
1st payment$1,293.63$1,293.63$3,115.70
2nd payment$0.00$1,202.04$0.00
Taxes / mo$383.58$383.58$383.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$8.33$8.33$8.33
Total monthly$1,852.21$3,054.26$3,764.28
Cash to close$230,307$50,000$50,000