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$253,666$253,666$629,910
Remaining term (yrs)18.318.330.0
Secondary amount$0$376,244$0
Funding fee$1,268$1,268$0
Note rate4.010%4.010%7.400%
Blended rate4.010%6.244%7.640%
1st payment$1,625.17$1,625.17$4,361.37
2nd payment$0.00$2,429.91$0.00
Taxes / mo$583.25$583.25$583.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$631.00$631.00$631.00
Total monthly$3,006.09$5,436.00$5,868.27
Cash to close$446,234$69,990$69,990