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$257,884$257,884$649,800
Remaining term (yrs)24.624.630.0
Secondary amount$0$391,916$0
Funding fee$1,289$1,289$0
Note rate2.970%2.970%7.320%
Blended rate2.970%5.853%7.560%
1st payment$1,227.20$1,227.20$4,463.68
2nd payment$0.00$2,531.12$0.00
Taxes / mo$603.58$603.58$603.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$129.96
HOA / mo$0.00$0.00$0.00
Total monthly$2,047.45$4,578.58$5,413.89
Cash to close$464,116$72,200$72,200