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$262,555$262,555$629,910
Remaining term (yrs)19.919.930.0
Secondary amount$0$367,355$0
Funding fee$1,313$1,313$0
Note rate3.440%3.440%7.400%
Blended rate3.440%5.954%7.640%
1st payment$1,514.63$1,514.63$4,361.37
2nd payment$0.00$2,372.50$0.00
Taxes / mo$328.75$328.75$328.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$6.67$6.67$6.67
Total monthly$2,016.72$4,389.22$4,989.44
Cash to close$437,345$69,990$69,990