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$264,155$264,155$417,600
Remaining term (yrs)24.824.830.0
Secondary amount$0$153,445$0
Funding fee$1,321$1,321$0
Note rate2.900%2.900%7.400%
Blended rate2.900%4.774%7.640%
1st payment$1,241.78$1,241.78$2,891.38
2nd payment$0.00$1,022.97$0.00
Taxes / mo$404.00$404.00$404.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.52
HOA / mo$70.83$70.83$70.83
Total monthly$1,883.28$2,906.24$3,616.39
Cash to close$199,845$46,400$46,400