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$256,188$256,188$787,500
Remaining term (yrs)16.016.030.0
Secondary amount$0$531,312$0
Funding fee$1,281$1,281$0
Note rate3.490%3.490%7.400%
Blended rate3.490%6.364%7.640%
1st payment$1,729.81$1,729.81$5,452.49
2nd payment$0.00$3,431.39$0.00
Taxes / mo$369.75$369.75$369.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.50
HOA / mo$80.00$80.00$80.00
Total monthly$2,396.23$5,827.62$6,276.41
Cash to close$618,812$87,500$87,500