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$303,999$303,999$450,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$146,001$0
Funding fee$1,520$1,520$0
Note rate2.870%2.870%7.320%
Blended rate2.870%4.534%7.560%
1st payment$1,414.69$1,414.69$3,091.19
2nd payment$0.00$973.34$0.00
Taxes / mo$570.83$570.83$570.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$93.00$93.00$93.00
Total monthly$2,245.19$3,218.53$4,011.69
Cash to close$196,001$50,000$50,000