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$222,591$222,591$665,910
Remaining term (yrs)17.417.430.0
Secondary amount$0$443,319$0
Funding fee$1,113$1,113$0
Note rate4.440%4.440%7.400%
Blended rate4.440%6.644%7.640%
1st payment$1,526.41$1,526.41$4,610.63
2nd payment$0.00$2,863.10$0.00
Taxes / mo$397.92$397.92$397.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,140.99$5,004.10$5,358.39
Cash to close$517,309$73,990$73,990