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$279,321$279,321$449,820
Remaining term (yrs)22.822.830.0
Secondary amount$0$170,499$0
Funding fee$1,397$1,397$0
Note rate3.800%3.800%7.400%
Blended rate3.800%5.392%7.640%
1st payment$1,522.87$1,522.87$3,114.46
2nd payment$0.00$1,136.66$0.00
Taxes / mo$276.00$276.00$276.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.96
HOA / mo$0.00$0.00$0.00
Total monthly$1,965.54$3,102.20$3,647.09
Cash to close$220,479$49,980$49,980