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$227,474$227,474$449,100
Remaining term (yrs)23.523.530.0
Secondary amount$0$221,626$0
Funding fee$1,137$1,137$0
Note rate3.470%3.470%7.400%
Blended rate3.470%5.582%7.640%
1st payment$1,175.47$1,175.47$3,109.48
2nd payment$0.00$1,431.33$0.00
Taxes / mo$415.83$415.83$415.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$590.00$590.00$590.00
Total monthly$2,347.97$3,779.30$4,371.80
Cash to close$271,526$49,900$49,900