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$250,206$250,206$629,910
Remaining term (yrs)24.224.230.0
Secondary amount$0$379,704$0
Funding fee$1,251$1,251$0
Note rate2.700%2.700%7.240%
Blended rate2.700%5.744%7.480%
1st payment$1,169.89$1,169.89$4,292.82
2nd payment$0.00$2,452.25$0.00
Taxes / mo$138.42$138.42$138.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,474.97$3,927.22$4,723.89
Cash to close$449,694$69,990$69,990