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$265,602$265,602$508,500
Remaining term (yrs)23.823.830.0
Secondary amount$0$242,898$0
Funding fee$1,328$1,328$0
Note rate3.310%3.310%7.320%
Blended rate3.310%5.431%7.560%
1st payment$1,340.80$1,340.80$3,493.04
2nd payment$0.00$1,568.71$0.00
Taxes / mo$255.25$255.25$255.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$101.70
HOA / mo$50.00$50.00$50.00
Total monthly$1,812.71$3,381.43$4,066.66
Cash to close$299,398$56,500$56,500