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$260,230$260,230$742,500
Remaining term (yrs)22.822.830.0
Secondary amount$0$482,270$0
Funding fee$1,301$1,301$0
Note rate3.730%3.730%7.320%
Blended rate3.730%6.341%7.560%
1st payment$1,409.04$1,409.04$5,100.46
2nd payment$0.00$3,114.66$0.00
Taxes / mo$308.08$308.08$308.08
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$1,933.79$5,048.46$5,773.71
Cash to close$564,770$82,500$82,500