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$281,391$281,391$733,500
Remaining term (yrs)23.823.830.0
Secondary amount$0$452,109$0
Funding fee$1,407$1,407$0
Note rate3.160%3.160%7.320%
Blended rate3.160%5.989%7.560%
1st payment$1,398.42$1,398.42$5,038.64
2nd payment$0.00$2,919.87$0.00
Taxes / mo$320.54$320.54$320.54
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$146.70
HOA / mo$16.67$16.67$16.67
Total monthly$1,952.30$4,872.17$5,739.22
Cash to close$533,609$81,500$81,500