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$349,086$349,086$512,100
Remaining term (yrs)25.025.030.0
Secondary amount$0$163,014$0
Funding fee$1,745$1,745$0
Note rate2.880%2.880%7.320%
Blended rate2.880%4.510%7.560%
1st payment$1,626.31$1,626.31$3,517.77
2nd payment$0.00$1,086.76$0.00
Taxes / mo$474.17$474.17$474.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.42
HOA / mo$422.00$422.00$422.00
Total monthly$2,689.14$3,775.90$4,683.03
Cash to close$219,914$56,900$56,900