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$271,839$271,839$540,000
Remaining term (yrs)22.422.430.0
Secondary amount$0$268,161$0
Funding fee$1,359$1,359$0
Note rate4.370%4.370%7.400%
Blended rate4.370%6.048%7.640%
1st payment$1,579.88$1,579.88$3,738.85
2nd payment$0.00$1,731.87$0.00
Taxes / mo$427.25$427.25$427.25
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$2,173.80$3,905.67$4,440.77
Cash to close$328,161$60,000$60,000