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$319,130$319,130$472,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$153,370$0
Funding fee$1,596$1,596$0
Note rate2.880%2.880%7.320%
Blended rate2.880%4.542%7.560%
1st payment$1,536.09$1,536.09$3,245.75
2nd payment$0.00$1,022.47$0.00
Taxes / mo$281.33$281.33$281.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$275.00$275.00$275.00
Total monthly$2,259.09$3,281.56$4,063.25
Cash to close$205,870$52,500$52,500