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$299,521$299,521$512,910
Remaining term (yrs)24.724.730.0
Secondary amount$0$213,389$0
Funding fee$1,498$1,498$0
Note rate2.950%2.950%7.400%
Blended rate2.950%4.947%7.640%
1st payment$1,419.00$1,419.00$3,551.29
2nd payment$0.00$1,378.14$0.00
Taxes / mo$146.50$146.50$146.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.58
HOA / mo$41.25$41.25$41.25
Total monthly$1,773.42$3,151.55$4,008.28
Cash to close$270,379$56,990$56,990