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$257,598$257,598$764,910
Remaining term (yrs)19.419.430.0
Secondary amount$0$507,312$0
Funding fee$1,288$1,288$0
Note rate3.720%3.720%7.400%
Blended rate3.720%6.393%7.640%
1st payment$1,545.12$1,545.12$5,296.08
2nd payment$0.00$3,276.39$0.00
Taxes / mo$260.75$260.75$260.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.98
HOA / mo$28.33$28.33$28.33
Total monthly$2,050.87$5,327.26$5,954.81
Cash to close$592,302$84,990$84,990