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$269,573$269,573$477,000
Remaining term (yrs)24.624.630.0
Secondary amount$0$207,427$0
Funding fee$1,348$1,348$0
Note rate3.100%3.100%7.400%
Blended rate3.100%5.122%7.640%
1st payment$1,301.06$1,301.06$3,302.65
2nd payment$0.00$1,339.63$0.00
Taxes / mo$314.50$314.50$314.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.40
HOA / mo$2.08$2.08$2.08
Total monthly$1,784.31$3,123.94$3,881.30
Cash to close$260,427$53,000$53,000