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$279,799$279,799$494,910
Remaining term (yrs)23.123.130.0
Secondary amount$0$215,111$0
Funding fee$1,399$1,399$0
Note rate3.610%3.610%7.400%
Blended rate3.610%5.409%7.640%
1st payment$1,483.34$1,483.34$3,426.66
2nd payment$0.00$1,389.26$0.00
Taxes / mo$16.83$16.83$16.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.98
HOA / mo$72.00$72.00$72.00
Total monthly$1,738.84$3,128.10$3,781.14
Cash to close$270,101$54,990$54,990