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$241,317$241,317$458,100
Remaining term (yrs)23.723.730.0
Secondary amount$0$216,783$0
Funding fee$1,207$1,207$0
Note rate3.260%3.260%7.400%
Blended rate3.260%5.385%7.640%
1st payment$1,214.67$1,214.67$3,171.79
2nd payment$0.00$1,400.05$0.00
Taxes / mo$243.50$243.50$243.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.62
HOA / mo$51.00$51.00$51.00
Total monthly$1,675.84$3,075.89$3,724.58
Cash to close$267,683$50,900$50,900