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$258,713$258,713$449,999
Remaining term (yrs)23.523.530.0
Secondary amount$0$191,286$0
Funding fee$1,294$1,294$0
Note rate3.330%3.330%7.320%
Blended rate3.330%5.315%7.560%
1st payment$1,317.79$1,317.79$3,091.18
2nd payment$0.00$1,275.24$0.00
Taxes / mo$207.25$207.25$207.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$75.00$75.00$75.00
Total monthly$1,766.71$3,041.95$3,630.10
Cash to close$241,286$50,000$50,000