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$257,255$257,255$629,910
Remaining term (yrs)23.423.430.0
Secondary amount$0$372,655$0
Funding fee$1,286$1,286$0
Note rate3.490%3.490%7.320%
Blended rate3.490%6.010%7.560%
1st payment$1,335.11$1,335.11$4,327.04
2nd payment$0.00$2,406.73$0.00
Taxes / mo$183.67$183.67$183.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$45.83$45.83$45.83
Total monthly$1,731.28$4,138.01$4,849.19
Cash to close$442,645$69,990$69,990