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$227,053$227,053$539,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$312,047$0
Funding fee$1,135$1,135$0
Note rate2.730%2.730%7.320%
Blended rate2.730%5.636%7.560%
1st payment$1,052.47$1,052.47$3,703.24
2nd payment$0.00$2,015.30$0.00
Taxes / mo$499.17$499.17$499.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,718.30$3,733.60$4,476.90
Cash to close$371,947$59,900$59,900