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$258,999$258,999$580,500
Remaining term (yrs)23.623.630.0
Secondary amount$0$321,501$0
Funding fee$1,295$1,295$0
Note rate3.330%3.330%7.400%
Blended rate3.330%5.778%7.640%
1st payment$1,316.21$1,316.21$4,019.26
2nd payment$0.00$2,076.36$0.00
Taxes / mo$269.08$269.08$269.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,751.96$3,828.32$4,571.11
Cash to close$386,001$64,500$64,500