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$290,606$290,606$539,100
Remaining term (yrs)19.819.830.0
Secondary amount$0$248,494$0
Funding fee$1,453$1,453$0
Note rate3.640%3.640%7.320%
Blended rate3.640%5.534%7.560%
1st payment$1,711.24$1,711.24$3,703.24
2nd payment$0.00$1,604.86$0.00
Taxes / mo$499.17$499.17$499.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$108.00$108.00$108.00
Total monthly$2,485.07$4,089.93$4,584.90
Cash to close$308,394$59,900$59,900