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$245,034$245,034$718,650
Remaining term (yrs)24.524.530.0
Secondary amount$0$473,616$0
Funding fee$1,225$1,225$0
Note rate3.080%3.080%7.400%
Blended rate3.080%6.158%7.640%
1st payment$1,182.73$1,182.73$4,975.79
2nd payment$0.00$3,058.77$0.00
Taxes / mo$665.42$665.42$665.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.73
HOA / mo$0.00$0.00$0.00
Total monthly$2,064.81$5,123.58$6,001.60
Cash to close$553,466$79,850$79,850