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$299,608$299,608$770,400
Remaining term (yrs)24.224.230.0
Secondary amount$0$470,792$0
Funding fee$1,498$1,498$0
Note rate3.020%3.020%7.320%
Blended rate3.020%5.911%7.560%
1st payment$1,450.06$1,450.06$5,292.11
2nd payment$0.00$3,040.53$0.00
Taxes / mo$713.33$713.33$713.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$154.08
HOA / mo$120.00$120.00$120.00
Total monthly$2,500.06$5,540.59$6,496.19
Cash to close$556,392$85,600$85,600