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$267,215$267,215$459,000
Remaining term (yrs)23.223.230.0
Secondary amount$0$191,785$0
Funding fee$1,336$1,336$0
Note rate3.680%3.680%7.240%
Blended rate3.680%5.485%7.480%
1st payment$1,423.37$1,423.37$3,128.08
2nd payment$0.00$1,278.57$0.00
Taxes / mo$425.00$425.00$425.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,015.04$3,293.61$3,811.54
Cash to close$242,785$51,000$51,000