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$239,997$239,997$566,100
Remaining term (yrs)24.824.830.0
Secondary amount$0$326,103$0
Funding fee$1,200$1,200$0
Note rate3.020%3.020%7.400%
Blended rate3.020%5.745%7.640%
1st payment$1,143.15$1,143.15$3,919.56
2nd payment$0.00$2,106.08$0.00
Taxes / mo$524.17$524.17$524.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.22
HOA / mo$75.00$75.00$75.00
Total monthly$1,908.98$4,015.06$4,798.62
Cash to close$389,003$62,900$62,900