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$313,590$313,590$719,910
Remaining term (yrs)24.224.230.0
Secondary amount$0$406,320$0
Funding fee$1,568$1,568$0
Note rate2.710%2.710%7.320%
Blended rate2.710%5.555%7.560%
1st payment$1,467.84$1,467.84$4,945.28
2nd payment$0.00$2,624.15$0.00
Taxes / mo$307.00$307.00$307.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.98
HOA / mo$162.50$162.50$162.50
Total monthly$2,154.01$4,778.16$5,775.43
Cash to close$486,310$79,990$79,990