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$260,952$260,952$674,999
Remaining term (yrs)23.323.330.0
Secondary amount$0$414,047$0
Funding fee$1,305$1,305$0
Note rate3.720%3.720%7.320%
Blended rate3.720%6.192%7.560%
1st payment$1,392.48$1,392.48$4,636.78
2nd payment$0.00$2,674.05$0.00
Taxes / mo$82.17$82.17$82.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,691.31$4,365.36$5,070.61
Cash to close$489,047$75,000$75,000