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$248,403$248,403$652,410
Remaining term (yrs)15.115.130.0
Secondary amount$0$404,007$0
Funding fee$1,242$1,242$0
Note rate4.070%4.070%7.400%
Blended rate4.070%6.349%7.640%
1st payment$1,824.17$1,824.17$4,517.16
2nd payment$0.00$2,609.21$0.00
Taxes / mo$657.00$657.00$657.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.48
HOA / mo$0.00$0.00$0.00
Total monthly$2,697.84$5,307.05$5,521.30
Cash to close$476,497$72,490$72,490