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$267,093$267,093$553,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$286,407$0
Funding fee$1,335$1,335$0
Note rate3.660%3.660%7.320%
Blended rate3.660%5.776%7.560%
1st payment$1,419.87$1,419.87$3,802.16
2nd payment$0.00$1,849.71$0.00
Taxes / mo$512.50$512.50$512.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$110.70
HOA / mo$105.00$105.00$105.00
Total monthly$2,204.04$4,053.75$4,697.03
Cash to close$347,907$61,500$61,500