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$240,941$240,941$513,000
Remaining term (yrs)22.622.630.0
Secondary amount$0$272,059$0
Funding fee$1,205$1,205$0
Note rate4.280%4.280%7.400%
Blended rate4.280%6.120%7.640%
1st payment$1,382.35$1,382.35$3,551.91
2nd payment$0.00$1,757.05$0.00
Taxes / mo$189.42$189.42$189.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,738.44$3,495.48$4,010.59
Cash to close$329,059$57,000$57,000