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$288,284$288,284$463,500
Remaining term (yrs)23.723.730.0
Secondary amount$0$175,216$0
Funding fee$1,441$1,441$0
Note rate3.180%3.180%7.400%
Blended rate3.180%5.002%7.640%
1st payment$1,439.03$1,439.03$3,209.18
2nd payment$0.00$1,168.11$0.00
Taxes / mo$201.83$201.83$201.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.70
HOA / mo$75.00$75.00$75.00
Total monthly$1,882.53$3,050.64$3,745.38
Cash to close$226,716$51,500$51,500