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$278,837$278,837$620,999
Remaining term (yrs)24.424.430.0
Secondary amount$0$342,162$0
Funding fee$1,394$1,394$0
Note rate2.770%2.770%7.320%
Blended rate2.770%5.514%7.560%
1st payment$1,307.43$1,307.43$4,265.83
2nd payment$0.00$2,209.80$0.00
Taxes / mo$80.00$80.00$80.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$124.20
HOA / mo$30.00$30.00$30.00
Total monthly$1,584.09$3,793.89$4,666.70
Cash to close$411,162$69,000$69,000