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$291,184$291,184$539,999
Remaining term (yrs)24.424.430.0
Secondary amount$0$248,815$0
Funding fee$1,456$1,456$0
Note rate2.730%2.730%7.400%
Blended rate2.730%5.043%7.640%
1st payment$1,359.38$1,359.38$3,738.84
2nd payment$0.00$1,606.93$0.00
Taxes / mo$32.75$32.75$32.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$121.00$121.00$121.00
Total monthly$1,679.80$3,286.73$4,167.26
Cash to close$308,815$60,000$60,000