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$246,875$246,875$764,100
Remaining term (yrs)18.918.930.0
Secondary amount$0$517,225$0
Funding fee$1,234$1,234$0
Note rate3.450%3.450%7.400%
Blended rate3.450%6.361%7.640%
1st payment$1,473.09$1,473.09$5,290.47
2nd payment$0.00$3,340.41$0.00
Taxes / mo$707.50$707.50$707.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.82
HOA / mo$75.00$75.00$75.00
Total monthly$2,472.26$5,812.67$6,442.46
Cash to close$602,125$84,900$84,900