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$264,943$264,943$764,100
Remaining term (yrs)14.414.430.0
Secondary amount$0$499,157$0
Funding fee$1,325$1,325$0
Note rate2.200%2.200%7.400%
Blended rate2.200%5.826%7.640%
1st payment$1,779.80$1,779.80$5,290.47
2nd payment$0.00$3,223.72$0.00
Taxes / mo$257.50$257.50$257.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,253.97$5,477.69$5,917.46
Cash to close$584,057$84,900$84,900