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$276,856$276,856$494,910
Remaining term (yrs)18.518.530.0
Secondary amount$0$218,054$0
Funding fee$1,384$1,384$0
Note rate3.330%3.330%7.320%
Blended rate3.330%5.277%7.560%
1st payment$1,661.31$1,661.31$3,399.69
2nd payment$0.00$1,408.26$0.00
Taxes / mo$458.25$458.25$458.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.98
HOA / mo$72.00$72.00$72.00
Total monthly$2,358.22$3,766.49$4,195.59
Cash to close$273,044$54,990$54,990