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$286,254$286,254$742,500
Remaining term (yrs)23.723.730.0
Secondary amount$0$456,246$0
Funding fee$1,431$1,431$0
Note rate3.280%3.280%7.400%
Blended rate3.280%6.027%7.640%
1st payment$1,443.86$1,443.86$5,140.92
2nd payment$0.00$2,946.59$0.00
Taxes / mo$687.50$687.50$687.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,348.03$5,294.62$6,193.59
Cash to close$538,746$82,500$82,500