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$275,684$275,684$675,000
Remaining term (yrs)23.323.330.0
Secondary amount$0$399,316$0
Funding fee$1,378$1,378$0
Note rate3.730%3.730%7.320%
Blended rate3.730%6.108%7.560%
1st payment$1,472.57$1,472.57$4,636.78
2nd payment$0.00$2,578.91$0.00
Taxes / mo$33.33$33.33$33.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,722.57$4,301.48$5,021.78
Cash to close$474,316$75,000$75,000