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$212,373$212,373$449,100
Remaining term (yrs)18.618.630.0
Secondary amount$0$236,727$0
Funding fee$1,062$1,062$0
Note rate3.670%3.670%7.400%
Blended rate3.670%5.821%7.640%
1st payment$1,306.98$1,306.98$3,109.48
2nd payment$0.00$1,528.86$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$495.00$495.00$495.00
Total monthly$2,384.48$3,913.34$4,276.80
Cash to close$286,627$49,900$49,900