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$263,049$263,049$522,000
Remaining term (yrs)20.920.930.0
Secondary amount$0$258,951$0
Funding fee$1,315$1,315$0
Note rate3.970%3.970%7.400%
Blended rate3.970%5.845%7.640%
1st payment$1,536.47$1,536.47$3,614.22
2nd payment$0.00$1,672.39$0.00
Taxes / mo$543.54$543.54$543.54
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.40
HOA / mo$54.67$54.67$54.67
Total monthly$2,301.35$3,973.74$4,483.50
Cash to close$316,951$58,000$58,000