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$270,339$270,339$611,910
Remaining term (yrs)21.321.330.0
Secondary amount$0$341,571$0
Funding fee$1,352$1,352$0
Note rate2.660%2.660%7.400%
Blended rate2.660%5.501%7.640%
1st payment$1,380.96$1,380.96$4,236.74
2nd payment$0.00$2,205.98$0.00
Taxes / mo$328.25$328.25$328.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$122.38
HOA / mo$27.50$27.50$27.50
Total monthly$1,903.38$4,109.35$4,881.54
Cash to close$409,561$67,990$67,990