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$235,221$235,221$583,200
Remaining term (yrs)24.624.630.0
Secondary amount$0$347,979$0
Funding fee$1,176$1,176$0
Note rate2.930%2.930%7.400%
Blended rate2.930%5.806%7.640%
1st payment$1,114.49$1,114.49$4,037.96
2nd payment$0.00$2,247.37$0.00
Taxes / mo$167.42$167.42$167.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.64
HOA / mo$0.00$0.00$0.00
Total monthly$1,448.57$3,695.94$4,488.68
Cash to close$412,779$64,800$64,800