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$278,646$278,646$764,910
Remaining term (yrs)23.823.830.0
Secondary amount$0$486,264$0
Funding fee$1,393$1,393$0
Note rate3.210%3.210%7.320%
Blended rate3.210%6.096%7.560%
1st payment$1,392.04$1,392.04$5,254.40
2nd payment$0.00$3,140.45$0.00
Taxes / mo$352.42$352.42$352.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.98
HOA / mo$225.00$225.00$225.00
Total monthly$2,186.13$5,326.58$6,201.47
Cash to close$571,254$84,990$84,990