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$276,976$276,976$449,091
Remaining term (yrs)22.722.730.0
Secondary amount$0$172,115$0
Funding fee$1,385$1,385$0
Note rate4.200%4.200%7.400%
Blended rate4.200%5.656%7.640%
1st payment$1,573.52$1,573.52$3,109.42
2nd payment$0.00$1,147.43$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$65.00$65.00$65.00
Total monthly$2,221.01$3,368.44$3,846.73
Cash to close$222,014$49,899$49,899