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$255,941$255,941$606,600
Remaining term (yrs)24.624.630.0
Secondary amount$0$350,659$0
Funding fee$1,280$1,280$0
Note rate3.180%3.180%7.400%
Blended rate3.180%5.822%7.640%
1st payment$1,245.99$1,245.99$4,199.98
2nd payment$0.00$2,264.67$0.00
Taxes / mo$561.67$561.67$561.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.32
HOA / mo$0.00$0.00$0.00
Total monthly$1,974.33$4,239.00$5,049.63
Cash to close$418,059$67,400$67,400