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$236,406$236,406$539,999
Remaining term (yrs)24.324.330.0
Secondary amount$0$303,593$0
Funding fee$1,182$1,182$0
Note rate2.650%2.650%7.320%
Blended rate2.650%5.517%7.560%
1st payment$1,096.69$1,096.69$3,709.42
2nd payment$0.00$1,960.70$0.00
Taxes / mo$500.00$500.00$500.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,763.36$3,724.06$4,484.08
Cash to close$363,593$60,000$60,000