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$259,685$259,685$585,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$325,315$0
Funding fee$1,298$1,298$0
Note rate2.720%2.720%7.400%
Blended rate2.720%5.517%7.640%
1st payment$1,216.85$1,216.85$4,050.42
2nd payment$0.00$2,100.99$0.00
Taxes / mo$252.25$252.25$252.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$19.00$19.00$19.00
Total monthly$1,654.76$3,755.75$4,605.34
Cash to close$390,315$65,000$65,000