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$289,599$289,599$449,100
Remaining term (yrs)23.823.830.0
Secondary amount$0$159,501$0
Funding fee$1,448$1,448$0
Note rate3.280%3.280%7.400%
Blended rate3.280%4.956%7.640%
1st payment$1,457.37$1,457.37$3,109.48
2nd payment$0.00$1,063.34$0.00
Taxes / mo$415.83$415.83$415.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,039.87$3,103.22$3,781.80
Cash to close$209,401$49,900$49,900