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$281,207$281,207$517,500
Remaining term (yrs)25.925.930.0
Secondary amount$0$236,293$0
Funding fee$1,406$1,406$0
Note rate5.410%5.410%7.400%
Blended rate5.410%6.478%7.640%
1st payment$1,680.84$1,680.84$3,583.07
2nd payment$0.00$1,526.06$0.00
Taxes / mo$307.83$307.83$307.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,155.34$3,681.40$4,161.07
Cash to close$293,793$57,500$57,500