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$283,323$283,323$562,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$279,177$0
Funding fee$1,417$1,417$0
Note rate2.670%2.670%7.400%
Blended rate2.670%5.191%7.640%
1st payment$1,317.21$1,317.21$3,894.64
2nd payment$0.00$1,803.02$0.00
Taxes / mo$331.33$331.33$331.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$45.00$45.00$45.00
Total monthly$1,860.21$3,663.23$4,550.14
Cash to close$341,677$62,500$62,500