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$276,187$276,187$697,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$421,313$0
Funding fee$1,381$1,381$0
Note rate3.690%3.690%7.400%
Blended rate3.690%6.142%7.640%
1st payment$1,472.64$1,472.64$4,829.35
2nd payment$0.00$2,720.98$0.00
Taxes / mo$546.02$546.02$546.02
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$139.50
HOA / mo$53.33$53.33$53.33
Total monthly$2,288.65$5,009.63$5,784.86
Cash to close$498,813$77,500$77,500