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$257,986$257,986$926,100
Remaining term (yrs)19.019.030.0
Secondary amount$0$668,114$0
Funding fee$1,290$1,290$0
Note rate3.890%3.890%7.320%
Blended rate3.890%6.675%7.560%
1st payment$1,593.05$1,593.05$6,361.66
2nd payment$0.00$4,314.90$0.00
Taxes / mo$254.02$254.02$254.02
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$185.22
HOA / mo$0.00$0.00$0.00
Total monthly$2,063.74$6,378.64$7,017.57
Cash to close$771,014$102,900$102,900