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$268,676$268,676$598,500
Remaining term (yrs)23.823.830.0
Secondary amount$0$329,824$0
Funding fee$1,343$1,343$0
Note rate3.000%3.000%7.400%
Blended rate3.000%5.618%7.640%
1st payment$1,312.94$1,312.94$4,143.89
2nd payment$0.00$2,130.12$0.00
Taxes / mo$73.19$73.19$73.19
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$119.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,552.79$3,682.91$4,503.45
Cash to close$396,324$66,500$66,500