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$346,451$346,451$539,100
Remaining term (yrs)24.824.830.0
Secondary amount$0$192,649$0
Funding fee$1,732$1,732$0
Note rate2.930%2.930%7.400%
Blended rate2.930%4.742%7.640%
1st payment$1,634.02$1,634.02$3,732.62
2nd payment$0.00$1,284.33$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$2,299.86$3,584.18$4,506.27
Cash to close$252,549$59,900$59,900