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$291,688$291,688$566,100
Remaining term (yrs)23.523.530.0
Secondary amount$0$274,412$0
Funding fee$1,458$1,458$0
Note rate3.650%3.650%7.400%
Blended rate3.650%5.637%7.640%
1st payment$1,535.23$1,535.23$3,919.56
2nd payment$0.00$1,772.24$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$0.00$0.00$0.00
Total monthly$2,226.07$3,998.31$4,723.62
Cash to close$337,312$62,900$62,900