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$291,769$291,769$698,310
Remaining term (yrs)23.723.730.0
Secondary amount$0$406,541$0
Funding fee$1,459$1,459$0
Note rate3.240%3.240%7.400%
Blended rate3.240%5.866%7.640%
1st payment$1,465.57$1,465.57$4,834.96
2nd payment$0.00$2,625.58$0.00
Taxes / mo$753.83$753.83$753.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$139.66
HOA / mo$38.67$38.67$38.67
Total monthly$2,474.74$5,100.31$5,983.79
Cash to close$484,131$77,590$77,590