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$234,681$234,681$535,500
Remaining term (yrs)29.229.230.0
Secondary amount$0$300,819$0
Funding fee$1,173$1,173$0
Note rate6.060%6.060%7.320%
Blended rate6.060%7.009%7.560%
1st payment$1,427.54$1,427.54$3,678.51
2nd payment$0.00$1,942.79$0.00
Taxes / mo$234.83$234.83$234.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,829.04$3,771.83$4,187.11
Cash to close$360,319$59,500$59,500