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$321,603$321,603$517,410
Remaining term (yrs)24.924.930.0
Secondary amount$0$195,807$0
Funding fee$1,608$1,608$0
Note rate2.870%2.870%7.320%
Blended rate2.870%4.811%7.560%
1st payment$1,503.42$1,503.42$3,554.25
2nd payment$0.00$1,305.38$0.00
Taxes / mo$565.67$565.67$565.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.48
HOA / mo$390.00$390.00$390.00
Total monthly$2,625.76$3,931.13$4,780.06
Cash to close$253,297$57,490$57,490