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$271,068$271,068$540,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$268,932$0
Funding fee$1,355$1,355$0
Note rate3.260%3.260%7.320%
Blended rate3.260%5.496%7.560%
1st payment$1,367.59$1,367.59$3,709.43
2nd payment$0.00$1,736.85$0.00
Taxes / mo$178.42$178.42$178.42
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$1,712.68$3,449.53$4,162.51
Cash to close$328,932$60,000$60,000