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$254,374$254,374$567,000
Remaining term (yrs)17.717.730.0
Secondary amount$0$312,626$0
Funding fee$1,272$1,272$0
Note rate3.180%3.180%7.400%
Blended rate3.180%5.700%7.640%
1st payment$1,558.93$1,558.93$3,925.79
2nd payment$0.00$2,019.04$0.00
Taxes / mo$525.00$525.00$525.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,250.60$4,269.64$4,730.86
Cash to close$375,626$63,000$63,000