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$296,695$296,695$584,910
Remaining term (yrs)19.619.630.0
Secondary amount$0$288,215$0
Funding fee$1,483$1,483$0
Note rate3.610%3.610%7.320%
Blended rate3.610%5.650%7.560%
1st payment$1,752.55$1,752.55$4,017.93
2nd payment$0.00$1,861.39$0.00
Taxes / mo$138.08$138.08$138.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,057.30$3,918.69$4,439.66
Cash to close$353,205$64,990$64,990