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$286,408$286,408$449,100
Remaining term (yrs)24.024.030.0
Secondary amount$0$162,692$0
Funding fee$1,432$1,432$0
Note rate2.900%2.900%7.320%
Blended rate2.900%4.748%7.560%
1st payment$1,374.93$1,374.93$3,085.01
2nd payment$0.00$1,084.61$0.00
Taxes / mo$249.17$249.17$249.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$7.33$7.33$7.33
Total monthly$1,798.10$2,882.71$3,597.99
Cash to close$212,592$49,900$49,900