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$325,010$325,010$787,500
Remaining term (yrs)19.319.330.0
Secondary amount$0$462,490$0
Funding fee$1,625$1,625$0
Note rate4.240%4.240%7.400%
Blended rate4.240%6.301%7.640%
1st payment$2,049.32$2,049.32$5,452.49
2nd payment$0.00$2,986.91$0.00
Taxes / mo$729.17$729.17$729.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.50
HOA / mo$540.00$540.00$540.00
Total monthly$3,535.15$6,522.06$7,095.82
Cash to close$549,990$87,500$87,500