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$265,224$265,224$427,500
Remaining term (yrs)23.323.330.0
Secondary amount$0$162,276$0
Funding fee$1,326$1,326$0
Note rate3.730%3.730%7.320%
Blended rate3.730%5.351%7.560%
1st payment$1,416.69$1,416.69$2,936.63
2nd payment$0.00$1,081.84$0.00
Taxes / mo$405.75$405.75$405.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$470.00$470.00$470.00
Total monthly$2,459.11$3,540.95$4,064.55
Cash to close$209,776$47,500$47,500