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$275,696$275,696$572,400
Remaining term (yrs)23.423.430.0
Secondary amount$0$296,704$0
Funding fee$1,378$1,378$0
Note rate3.620%3.620%7.400%
Blended rate3.620%5.761%7.640%
1st payment$1,453.14$1,453.14$3,963.18
2nd payment$0.00$1,916.21$0.00
Taxes / mo$530.00$530.00$530.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$114.48
HOA / mo$0.00$0.00$0.00
Total monthly$2,149.80$4,066.02$4,774.33
Cash to close$360,304$63,600$63,600