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$267,670$267,670$540,000
Remaining term (yrs)19.819.830.0
Secondary amount$0$272,330$0
Funding fee$1,338$1,338$0
Note rate3.560%3.560%7.400%
Blended rate3.560%5.673%7.640%
1st payment$1,565.13$1,565.13$3,738.85
2nd payment$0.00$1,758.80$0.00
Taxes / mo$183.08$183.08$183.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,914.88$3,673.67$4,196.60
Cash to close$332,330$60,000$60,000