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$268,426$268,426$629,910
Remaining term (yrs)23.723.730.0
Secondary amount$0$361,484$0
Funding fee$1,342$1,342$0
Note rate3.150%3.150%7.320%
Blended rate3.150%5.790%7.560%
1st payment$1,335.71$1,335.71$4,327.04
2nd payment$0.00$2,334.58$0.00
Taxes / mo$584.83$584.83$584.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$125.00$125.00$125.00
Total monthly$2,212.21$4,546.79$5,329.53
Cash to close$431,474$69,990$69,990