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$239,073$239,073$441,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$201,927$0
Funding fee$1,195$1,195$0
Note rate2.780%2.780%7.320%
Blended rate2.780%5.056%7.560%
1st payment$1,106.55$1,106.55$3,029.36
2nd payment$0.00$1,304.11$0.00
Taxes / mo$25.83$25.83$25.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,299.05$2,603.16$3,310.06
Cash to close$250,927$49,000$49,000