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$263,741$263,741$625,500
Remaining term (yrs)17.817.830.0
Secondary amount$0$361,759$0
Funding fee$1,319$1,319$0
Note rate4.190%4.190%7.400%
Blended rate4.190%6.249%7.640%
1st payment$1,746.27$1,746.27$4,330.84
2nd payment$0.00$2,336.36$0.00
Taxes / mo$514.67$514.67$514.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.10
HOA / mo$10.42$10.42$10.42
Total monthly$2,438.03$4,774.38$5,147.69
Cash to close$431,259$69,500$69,500