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$248,916$248,916$625,500
Remaining term (yrs)15.115.130.0
Secondary amount$0$376,584$0
Funding fee$1,245$1,245$0
Note rate4.110%4.110%7.400%
Blended rate4.110%6.301%7.640%
1st payment$1,832.96$1,832.96$4,330.84
2nd payment$0.00$2,432.10$0.00
Taxes / mo$657.00$657.00$657.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,656.63$5,088.73$5,279.60
Cash to close$446,084$69,500$69,500