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$236,384$236,384$495,000
Remaining term (yrs)18.918.930.0
Secondary amount$0$258,616$0
Funding fee$1,182$1,182$0
Note rate2.980%2.980%7.400%
Blended rate2.980%5.472%7.640%
1st payment$1,359.09$1,359.09$3,427.28
2nd payment$0.00$1,670.23$0.00
Taxes / mo$279.75$279.75$279.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$40.00$40.00$40.00
Total monthly$1,845.50$3,515.73$4,012.70
Cash to close$313,616$55,000$55,000