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$230,210$230,210$447,750
Remaining term (yrs)24.224.230.0
Secondary amount$0$217,540$0
Funding fee$1,151$1,151$0
Note rate2.710%2.710%7.400%
Blended rate2.710%5.159%7.640%
1st payment$1,077.56$1,077.56$3,100.13
2nd payment$0.00$1,404.95$0.00
Taxes / mo$365.83$365.83$365.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.55
HOA / mo$373.00$373.00$373.00
Total monthly$1,983.06$3,388.01$4,095.18
Cash to close$267,290$49,750$49,750