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$268,769$268,769$539,998
Remaining term (yrs)19.319.330.0
Secondary amount$0$271,229$0
Funding fee$1,344$1,344$0
Note rate3.960%3.960%7.400%
Blended rate3.960%5.864%7.640%
1st payment$1,655.07$1,655.07$3,738.84
2nd payment$0.00$1,751.69$0.00
Taxes / mo$500.00$500.00$500.00
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$2,321.74$4,073.43$4,513.50
Cash to close$331,229$60,000$60,000