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$265,721$265,721$756,000
Remaining term (yrs)26.026.030.0
Secondary amount$0$490,279$0
Funding fee$1,329$1,329$0
Note rate6.110%6.110%7.400%
Blended rate6.110%7.174%7.640%
1st payment$1,697.49$1,697.49$5,234.39
2nd payment$0.00$3,166.39$0.00
Taxes / mo$874.42$874.42$874.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$151.20
HOA / mo$429.00$429.00$429.00
Total monthly$3,217.57$6,383.96$6,905.67
Cash to close$574,279$84,000$84,000