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$311,760$311,760$467,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$155,340$0
Funding fee$1,559$1,559$0
Note rate2.930%2.930%7.320%
Blended rate2.930%4.616%7.560%
1st payment$1,505.02$1,505.02$3,208.65
2nd payment$0.00$1,035.60$0.00
Taxes / mo$432.50$432.50$432.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.42
HOA / mo$530.00$530.00$530.00
Total monthly$2,634.19$3,669.79$4,431.24
Cash to close$207,240$51,900$51,900