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$265,219$265,219$697,500
Remaining term (yrs)19.219.230.0
Secondary amount$0$432,281$0
Funding fee$1,326$1,326$0
Note rate3.760%3.760%7.400%
Blended rate3.760%6.233%7.640%
1st payment$1,610.31$1,610.31$4,829.35
2nd payment$0.00$2,791.82$0.00
Taxes / mo$645.83$645.83$645.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$139.50
HOA / mo$534.00$534.00$534.00
Total monthly$3,006.81$5,798.63$6,365.35
Cash to close$509,781$77,500$77,500