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$288,517$288,517$549,000
Remaining term (yrs)18.418.430.0
Secondary amount$0$260,483$0
Funding fee$1,443$1,443$0
Note rate3.670%3.670%7.400%
Blended rate3.670%5.606%7.640%
1st payment$1,792.28$1,792.28$3,801.17
2nd payment$0.00$1,682.28$0.00
Taxes / mo$385.58$385.58$385.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$109.80
HOA / mo$90.67$90.67$90.67
Total monthly$2,435.20$4,117.48$4,553.89
Cash to close$321,483$61,000$61,000