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$257,738$257,738$652,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$394,762$0
Funding fee$1,289$1,289$0
Note rate2.910%2.910%7.320%
Blended rate2.910%5.838%7.560%
1st payment$1,232.78$1,232.78$4,482.22
2nd payment$0.00$2,549.50$0.00
Taxes / mo$495.25$495.25$495.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.50
HOA / mo$67.00$67.00$67.00
Total monthly$2,011.69$4,561.20$5,391.64
Cash to close$467,262$72,500$72,500