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$234,118$234,118$539,100
Remaining term (yrs)24.124.130.0
Secondary amount$0$304,982$0
Funding fee$1,171$1,171$0
Note rate2.810%2.810%7.400%
Blended rate2.810%5.605%7.640%
1st payment$1,110.44$1,110.44$3,732.62
2nd payment$0.00$1,969.68$0.00
Taxes / mo$125.50$125.50$125.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,402.61$3,372.28$4,132.61
Cash to close$364,882$59,900$59,900