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$293,831$293,831$517,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$223,669$0
Funding fee$1,469$1,469$0
Note rate2.860%2.860%7.400%
Blended rate2.860%4.974%7.640%
1st payment$1,407.91$1,407.91$3,583.07
2nd payment$0.00$1,444.53$0.00
Taxes / mo$479.17$479.17$479.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$27.00$27.00$27.00
Total monthly$2,080.74$3,525.27$4,359.40
Cash to close$281,169$57,500$57,500