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$316,224$316,224$494,550
Remaining term (yrs)24.324.330.0
Secondary amount$0$178,326$0
Funding fee$1,581$1,581$0
Note rate2.650%2.650%7.320%
Blended rate2.650%4.579%7.560%
1st payment$1,463.42$1,463.42$3,397.22
2nd payment$0.00$1,188.84$0.00
Taxes / mo$96.25$96.25$96.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.91
HOA / mo$20.83$20.83$20.83
Total monthly$1,747.17$2,936.01$3,779.87
Cash to close$233,276$54,950$54,950