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$293,648$293,648$652,500
Remaining term (yrs)23.123.130.0
Secondary amount$0$358,852$0
Funding fee$1,468$1,468$0
Note rate3.750%3.750%7.320%
Blended rate3.750%5.950%7.560%
1st payment$1,578.71$1,578.71$4,482.22
2nd payment$0.00$2,317.58$0.00
Taxes / mo$170.33$170.33$170.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.50
HOA / mo$208.58$208.58$208.58
Total monthly$2,174.29$4,491.88$5,208.30
Cash to close$431,352$72,500$72,500