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$256,206$256,206$494,999
Remaining term (yrs)25.625.630.0
Secondary amount$0$238,793$0
Funding fee$1,281$1,281$0
Note rate4.980%4.980%7.320%
Blended rate4.980%6.316%7.560%
1st payment$1,472.90$1,472.90$3,400.30
2nd payment$0.00$1,542.21$0.00
Taxes / mo$270.37$270.37$270.37
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,909.93$3,452.14$3,936.33
Cash to close$293,793$55,000$55,000