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$271,228$271,228$539,999
Remaining term (yrs)19.819.830.0
Secondary amount$0$268,771$0
Funding fee$1,356$1,356$0
Note rate2.590%2.590%7.400%
Blended rate2.590%5.158%7.640%
1st payment$1,453.80$1,453.80$3,738.84
2nd payment$0.00$1,735.81$0.00
Taxes / mo$500.00$500.00$500.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,120.46$3,856.28$4,513.51
Cash to close$328,771$60,000$60,000