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$288,422$288,422$742,500
Remaining term (yrs)18.918.930.0
Secondary amount$0$454,078$0
Funding fee$1,442$1,442$0
Note rate3.910%3.910%7.400%
Blended rate3.910%6.258%7.640%
1st payment$1,794.52$1,794.52$5,140.92
2nd payment$0.00$2,932.59$0.00
Taxes / mo$410.08$410.08$410.08
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$2,421.27$5,353.85$5,916.17
Cash to close$536,578$82,500$82,500