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$293,046$293,046$809,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$516,054$0
Funding fee$1,465$1,465$0
Note rate2.660%2.660%7.400%
Blended rate2.660%5.906%7.640%
1st payment$1,360.93$1,360.93$5,602.04
2nd payment$0.00$3,332.85$0.00
Taxes / mo$332.17$332.17$332.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$57.00$57.00$57.00
Total monthly$1,966.76$5,299.62$6,369.70
Cash to close$605,954$89,900$89,900