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$319,554$319,554$553,320
Remaining term (yrs)24.124.130.0
Secondary amount$0$233,766$0
Funding fee$1,598$1,598$0
Note rate2.870%2.870%7.400%
Blended rate2.870%4.932%7.640%
1st payment$1,525.49$1,525.49$3,831.08
2nd payment$0.00$1,509.74$0.00
Taxes / mo$512.33$512.33$512.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$110.66
HOA / mo$587.00$587.00$587.00
Total monthly$2,791.49$4,301.23$5,207.74
Cash to close$295,246$61,480$61,480