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$208,958$208,958$652,500
Remaining term (yrs)17.717.730.0
Secondary amount$0$443,542$0
Funding fee$1,045$1,045$0
Note rate4.190%4.190%7.400%
Blended rate4.190%6.610%7.640%
1st payment$1,387.88$1,387.88$4,517.78
2nd payment$0.00$2,864.54$0.00
Taxes / mo$225.50$225.50$225.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,830.05$4,694.59$5,090.44
Cash to close$516,042$72,500$72,500