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$288,954$288,954$508,500
Remaining term (yrs)23.123.130.0
Secondary amount$0$219,546$0
Funding fee$1,445$1,445$0
Note rate3.610%3.610%7.400%
Blended rate3.610%5.397%7.640%
1st payment$1,531.88$1,531.88$3,520.75
2nd payment$0.00$1,417.90$0.00
Taxes / mo$137.50$137.50$137.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$101.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,836.04$3,253.95$3,926.62
Cash to close$276,046$56,500$56,500