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$284,213$284,213$625,500
Remaining term (yrs)19.319.330.0
Secondary amount$0$341,287$0
Funding fee$1,421$1,421$0
Note rate4.010%4.010%7.320%
Blended rate4.010%6.051%7.560%
1st payment$1,757.62$1,757.62$4,296.75
2nd payment$0.00$2,204.14$0.00
Taxes / mo$470.83$470.83$470.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.10
HOA / mo$355.00$355.00$355.00
Total monthly$2,750.12$4,954.26$5,414.35
Cash to close$410,787$69,500$69,500